Morphic Therapeutic (MORF)

Net assets on the balance sheet as of June 2024 : NZ$0.99 B

According to Morphic Therapeutic's latest financial reports the company has NZ$0.99 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Morphic Therapeutic - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.10 B	100.44%
2022-12-31	$NZ$0.54 B	11.85%
2021-12-31	$NZ$0.49 B	143.52%
2020-12-31	$NZ$0.20 B	-3.36%
2019-12-31	$NZ$0.20 B	-366.76%
2018-12-31	$-NZ$78.31 M	87.3%
2017-12-31	$-NZ$41.81 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$9.72 M	-99.03%	🇺🇸 USA
OPKO Health OPK	NZ$2.25 B	125.62%	🇺🇸 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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Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.99 B