Passage Bio (PASG) - Net Assets

Net assets on the balance sheet as of September 2024 : €69.84 Million

According to Passage Bio's latest financial reports the company has €69.84 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Passage Bio - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$€0.10 B	-46.38%
2022-12-31	$€0.18 B	-33.28%
2021-12-31	$€0.28 B	13.58%
2020-12-31	$€0.24 B	-593.35%
2019-12-31	$-€50.22 Million	371.92%
2018-12-31	$-€10.65 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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Passage Bio (PASG) - Net assets