RayzeBio (RYZB) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$0.97 Billion

According to RayzeBio's latest financial reports the company has NZ$0.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RayzeBio - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$0.18 Billion	119.4%
2021-12-31	$-NZ$79.9 Million	1934.94%
2020-12-31	$-NZ$3.93 Million

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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