Pardes Biosciences (PRDS) - Net assets

Net assets on the balance sheet as of June 2023 : S$0.19 Billion

According to Pardes Biosciences's latest financial reports the company has S$0.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Pardes Biosciences - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.24 B	-32.9%
2021-12-31	$S$0.36 B	-2192.31%
2020-12-31	$-S$17.21 Million

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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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