Mereo BioPharma Group (MREO)

Net assets on the balance sheet as of June 2024 : NZ$0.12 B

According to Mereo BioPharma Group's latest financial reports the company has NZ$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Mereo BioPharma Group - Net assets on balance sheet (from 2023 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.11 B	-32.21%
2021-12-31	$NZ$0.17 B	-711.98%
2020-12-31	$-NZ$28.42 M	-135.88%
2019-12-31	$NZ$79.19 M	27.1%
2018-12-31	$NZ$62.3 M	-47.6%
2017-12-31	$NZ$0.11 B	-15.78%
2016-12-31	$NZ$0.14 B	82.03%
2015-12-31	$NZ$77.56 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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Mereo BioPharma Group (MREO) - Net assets