Instil Bio (TIL) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.26 Billion

According to Instil Bio's latest financial reports the company has S$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.48 B	-35.06%
2021-12-31	$S$0.75 B	-1532.76%
2020-12-31	$-S$52.39 Million	463.81%
2019-12-31	$-S$9.3 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	S$0.40 B	55.06%	🇺🇸 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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Instil Bio (TIL) - Net assets

Net assets on the balance sheet as of June 2024 : S$0.26 Billion