89bio (ETNB) - Net Assets

Net assets on the balance sheet as of June 2024 : €0.47 Billion

According to 89bio's latest financial reports the company has €0.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

89bio - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.48 B	242.75%
2022-12-31	$€0.14 B	27.27%
2021-12-31	$€0.11 B	-32.6%
2020-12-31	$€0.16 B	105.52%
2019-12-31	$€80.29 M	-672.04%
2018-12-31	$-€14.04 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	€0.27 B	-41.27%	🇺🇸 USA

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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89bio (ETNB) - Net assets

Net assets on the balance sheet as of June 2024 : €0.47 Billion