Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.14 B

According to Passage Bio's latest financial reports the company has NZ$0.14 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.17 B	-44.52%
2022-12-31	$NZ$0.31 B	-31.84%
2021-12-31	$NZ$0.46 B	9.82%
2020-12-31	$NZ$0.42 B	-608.07%
2019-12-31	$-NZ$83.4 M	359.72%
2018-12-31	$-NZ$18.14 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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Passage Bio (PASG) - Net assets