Orchestra BioMed (OBIO)

Net assets on the balance sheet as of June 2024 : NZ$71.32 M

According to Orchestra BioMed 's latest financial reports the company has NZ$71.32 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orchestra BioMed - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2021-12-31	$-NZ$0.11 B	54.1%
2020-12-31	$-NZ$67.5 M

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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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Orchestra BioMed (OBIO) - Net assets