IGM Biosciences (IGMS)

Net assets on the balance sheet as of June 2024 : NZ$0.19 B

According to IGM Biosciences's latest financial reports the company has NZ$0.19 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IGM Biosciences - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.32 B	-28.97%
2022-12-31	$NZ$0.45 B	26.52%
2021-12-31	$NZ$0.35 B	-32.64%
2020-12-31	$NZ$0.53 B	49.07%
2019-12-31	$NZ$0.35 B	-463.05%
2018-12-31	$-NZ$98.1 M	72%
2017-12-31	$-NZ$57.04 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.48 B	147.14%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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IGM Biosciences (IGMS) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.19 B