Belite Bio (BLTE) - Net Assets

Net assets on the balance sheet as of June 2024 : $0.11 Billion USD

According to Belite Bio's latest financial reports the company has $0.11 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Belite Bio - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$90.43 M	117.9%
2022-12-31	$$41.5 M	-374.97%
2021-12-31	$-$15.1 Million	114.48%
2020-12-31	$-$7.04 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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Belite Bio (BLTE) - Net assets