Absci (ABSI) - Net Assets

Net assets on the balance sheet as of September 2024 : S$0.27 Billion

According to Absci's latest financial reports the company has S$0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.36 B	-25.67%
2021-12-31	$S$0.49 B	-518.35%
2020-12-31	$-S$0.12 Billion	113.21%
2019-12-31	$-S$55.49 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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Absci (ABSI) - Net assets