Akero Therapeutics (AKRO)

Net assets on the balance sheet as of June 2024 : A$1.19 Billion

According to Akero Therapeutics's latest financial reports the company has A$1.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Akero Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.78 B	63.73%
2022-12-31	$A$0.47 B	105.73%
2021-12-31	$A$0.23 B	-30.67%
2020-12-31	$A$0.33 B	83%
2019-12-31	$A$0.18 B	-359.47%
2018-12-31	$-A$70.87 Million	1112.11%
2017-12-31	$-A$5.85 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.45 B	-62.11%	🇺🇸 USA

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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Akero Therapeutics (AKRO) - Net assets

Net assets on the balance sheet as of June 2024 : A$1.19 Billion