Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of June 2024 : NZ$0.67 B

According to Praxis Precision Medicines's latest financial reports the company has NZ$0.67 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Praxis Precision Medicines - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.11 B	-8.1%
2022-12-31	$NZ$0.11 B	-67.27%
2021-12-31	$NZ$0.36 B	-8.37%
2020-12-31	$NZ$0.39 B	572.15%
2019-12-31	$NZ$59.46 M	171.8%
2018-12-31	$NZ$21.87 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.48 B	-27.85%	🇺🇸 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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Praxis Precision Medicines (PRAX) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.67 B