Erasca (ERAS) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.69 Billion

According to Erasca's latest financial reports the company has A$0.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.60 B	-3.89%
2021-12-31	$A$0.62 B	-524.8%
2020-12-31	$-A$0.15 Billion	662.91%
2019-12-31	$-A$19.44 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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Erasca (ERAS) - Net assets