Tectonic Therapeutic (TECX)

Net assets on the balance sheet as of September 2024 : C$0.21 Billion

According to Tectonic Therapeutic's latest financial reports the company has C$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tectonic Therapeutic - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$61.96 Million	224.93%
2021-12-31	$-C$19.07 Million

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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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Tectonic Therapeutic (TECX) - Net assets