Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.13 Billion

According to Passage Bio's latest financial reports the company has A$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.16 B	-44.8%
2022-12-31	$A$0.29 B	-32.68%
2021-12-31	$A$0.43 B	10.92%
2020-12-31	$A$0.39 B	-593.23%
2019-12-31	$-A$80.35 Million	364.97%
2018-12-31	$-A$17.28 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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Passage Bio (PASG) - Net assets