Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of June 2024 : $90.55 Million USD

According to Passage Bio's latest financial reports the company has $90.55 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.11 B	-44.74%
2022-12-31	$$0.20 B	-36.81%
2021-12-31	$$0.31 B	4.58%
2020-12-31	$$0.30 B	-641.68%
2019-12-31	$-$56.26 Million	362.11%
2018-12-31	$-$12.18 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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Passage Bio (PASG) - Net assets