Orchestra BioMed (OBIO)

Net assets on the balance sheet as of September 2024 : €42.16 Million

According to Orchestra BioMed 's latest financial reports the company has €42.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orchestra BioMed - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€61.55 M	25.68%
2022-12-31	$€48.97 M	-177.86%
2021-12-31	$-€62.9 Million	59.37%
2020-12-31	$-€39.47 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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Orchestra BioMed (OBIO) - Net assets