Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of September 2024 : A$2.40 Billion

According to Avidity Biosciences's latest financial reports the company has A$2.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.73 B	-13.48%
2022-12-31	$A$0.84 B	61.46%
2021-12-31	$A$0.52 B	32.11%
2020-12-31	$A$0.39 B	-526.62%
2019-12-31	$-A$93.35 Million	59.89%
2018-12-31	$-A$58.39 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-A$1.69 Billion	-170.13%	🇺🇸 USA
Acorda Therapeutics ACOR	-A$0.3 Billion	-112.36%	🇺🇸 USA
Sarepta Therapeutics SRPT	A$1.95 B	-18.78%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	A$1.05 B	-56.04%	🇺🇸 USA
Fate Therapeutics FATE	A$0.57 B	-75.90%	🇺🇸 USA
Pfizer PFE	A$148.03 B	6,056.66%	🇺🇸 USA
GlaxoSmithKline GSK	A$28.79 B	1,097.60%	🇬🇧 UK

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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