Reneo Pharmaceuticals (RPHM)

Net assets on the balance sheet as of June 2024 : NZ$0.13 Billion

According to Reneo Pharmaceuticals's latest financial reports the company has NZ$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Reneo Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.15 B	-26.94%
2021-12-31	$NZ$0.21 B	-469.25%
2020-12-31	$-NZ$58.37 Million	69.97%
2019-12-31	$-NZ$34.34 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.51 B	293.40%	🇺🇸 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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Reneo Pharmaceuticals (RPHM) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.13 Billion