Eterna Therapeutics (ERNA)

Net assets on the balance sheet as of June 2024 : -A$13.12 Million

According to Eterna Therapeutics's latest financial reports the company has -A$13.12 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$17.79 M	-49.42%
2021-12-31	$A$35.17 M	253.18%
2020-12-31	$A$9.96 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Baxter BAX	A$11.85 B	-90,505.82%	🇺🇸 USA
Geron GERN	A$0.44 B	-3,528.15%	🇺🇸 USA
Omeros Corporation OMER	-A$0.2 Billion	1,361.39%	🇺🇸 USA
Sanofi SNY	A$120.37 B	-917,899.67%	🇫🇷 France
Bio-Techne TECH	A$3.28 B	-25,183.86%	🇺🇸 USA
Genetic Technologies GENE	A$1.88 M	-114.37%	🇦🇺 Australia
Teva Pharmaceutical Industries TEVA	A$9.82 B	-74,976.85%	🇮🇱 Israel

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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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Eterna Therapeutics (ERNA) - Net assets

Net assets on the balance sheet as of June 2024 : -A$13.12 Million