Terns Pharmaceuticals (TERN)

Net assets on the balance sheet as of June 2024 : NZ$0.35 B

According to Terns Pharmaceuticals's latest financial reports the company has NZ$0.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Terns Pharmaceuticals - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.40 B	-7.43%
2022-12-31	$NZ$0.43 B	86.35%
2021-12-31	$NZ$0.23 B	145.43%
2020-12-31	$NZ$95.37 M	1429.25%
2019-12-31	$NZ$6.23 M	-94.21%
2018-12-31	$NZ$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.48 B	38.28%	🇺🇸 USA

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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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Terns Pharmaceuticals (TERN) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$0.35 B