Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of June 2024 : C$1.70 Billion

According to Avidity Biosciences's latest financial reports the company has C$1.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.66 B	-15.33%
2022-12-31	$C$0.78 B	61.37%
2021-12-31	$C$0.48 B	24.5%
2020-12-31	$C$0.39 B	-557.42%
2019-12-31	$-C$85.37 Million	52.36%
2018-12-31	$-C$56.03 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-C$1.48 Billion	-186.35%	🇺🇸 USA
Acorda Therapeutics ACOR	-C$0.26 Billion	-115.21%	🇺🇸 USA
Sarepta Therapeutics SRPT	C$1.70 B	0.00%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	C$0.92 B	-45.87%	🇺🇸 USA
Fate Therapeutics FATE	C$0.55 B	-67.49%	🇺🇸 USA
Pfizer PFE	C$129.22 B	7,480.26%	🇺🇸 USA
GlaxoSmithKline GSK	C$25.13 B	1,374.52%	🇬🇧 UK

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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