Recursion Pharmaceuticals (RXRX)

Net assets on the balance sheet as of June 2024 : A$0.88 Billion

According to Recursion Pharmaceuticals's latest financial reports the company has A$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.68 B	-4.72%
2022-12-31	$A$0.71 B	-4.67%
2021-12-31	$A$0.74 B	-379.15%
2020-12-31	$-A$0.27 Billion	51.16%
2019-12-31	$-A$0.18 Billion

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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Recursion Pharmaceuticals (RXRX) - Net assets