Ocuphire Pharma (OCUP)

Net assets on the balance sheet as of June 2024 : NZ$67.9 Million

According to Ocuphire Pharma's latest financial reports the company has NZ$67.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ocuphire Pharma - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$78.91 M	8.36%
2022-12-31	$NZ$72.82 M	123.86%
2021-12-31	$NZ$32.53 M	-274.31%
2020-12-31	$-NZ$18.67 Million	66.27%
2019-12-31	$-NZ$11.23 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$10.05 M	-85.20%	🇺🇸 USA
OPKO Health OPK	NZ$2.33 B	3,333.70%	🇺🇸 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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Ocuphire Pharma (OCUP) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$67.9 Million