Orchestra BioMed (OBIO)

Net assets on the balance sheet as of September 2024 : A$76.44 Million

According to Orchestra BioMed 's latest financial reports the company has A$76.44 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orchestra BioMed - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$99.87 M	29.37%
2022-12-31	$A$77.19 M	-178.57%
2021-12-31	$-A$98.26 Million	55.64%
2020-12-31	$-A$63.13 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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Orchestra BioMed (OBIO) - Net assets