Morphic Therapeutic (MORF) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.07 Billion

According to Morphic Therapeutic's latest financial reports the company has NZ$1.07 Billion 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	11.55%
2021-12-31	$NZ$0.49 B	144.96%
2020-12-31	$NZ$0.20 B	-3.83%
2019-12-31	$NZ$0.20 B	-367.07%
2018-12-31	$-NZ$78.35 Million	87.39%
2017-12-31	$-NZ$41.81 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$10.42 M	-99.03%	🇺🇸 USA
OPKO Health OPK	NZ$2.26 B	111.10%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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