Terns Pharmaceuticals (TERN)

Net assets on the balance sheet as of September 2024 : A$0.58 Billion

According to Terns Pharmaceuticals's latest financial reports the company has A$0.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Terns Pharmaceuticals - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.37 B	-7.9%
2022-12-31	$A$0.40 B	84.05%
2021-12-31	$A$0.22 B	147.87%
2020-12-31	$A$89.2 M	1384.57%
2019-12-31	$A$6 M	-94.14%
2018-12-31	$A$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.43 B	-24.82%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Terns Pharmaceuticals (TERN) - Net assets

Net assets on the balance sheet as of September 2024 : A$0.58 Billion