Larimar Therapeutics (LRMR)

Net assets on the balance sheet as of June 2024 : NZ$0.34 B

According to Larimar Therapeutics's latest financial reports the company has NZ$0.34 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Larimar Therapeutics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.12 B	-26.02%
2022-12-31	$NZ$0.17 B	85.72%
2021-12-31	$NZ$94.05 M	-24.58%
2020-12-31	$NZ$0.12 B	-12221.9%
2019-12-31	$-NZ$1.03 M

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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Larimar Therapeutics (LRMR) - Net assets