Phio Pharmaceuticals (PHIO)

Net assets on the balance sheet as of June 2024 : NZ$6.09 M

According to Phio Pharmaceuticals's latest financial reports the company has NZ$6.09 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phio Pharmaceuticals - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$17.07 M	-46.7%
2021-12-31	$NZ$32.02 M	76.94%
2020-12-31	$NZ$18.09 M	112.41%
2019-12-31	$NZ$8.52 M	-57.89%
2018-12-31	$NZ$20.23 M	683.93%
2017-12-31	$NZ$2.58 M	-83.53%
2016-12-31	$NZ$15.67 M	20.51%
2015-12-31	$NZ$13 M	271.62%
2014-12-31	$NZ$3.49 M	-41.85%
2013-12-31	$NZ$6.01 M	-184.47%
2012-12-31	$-NZ$7.13 M	847.1%
2011-12-31	$-NZ$0.76 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$9.72 M	59.42%	🇺🇸 USA
OPKO Health OPK	NZ$2.25 B	36,881.71%	🇺🇸 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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Phio Pharmaceuticals (PHIO) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$6.09 M