Instil Bio (TIL) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.30 Billion

According to Instil Bio's latest financial reports the company has A$0.30 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.53 B	-30.23%
2021-12-31	$A$0.76 B	-1587.05%
2020-12-31	$-A$51.5 Million	423.16%
2019-12-31	$-A$9.85 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.46 B	55.06%	🇺🇸 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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Instil Bio (TIL) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.30 Billion