Belite Bio (BLTE) - Net Assets

Net assets on the balance sheet as of June 2024 : £88.17 Million

According to Belite Bio's latest financial reports the company has £88.17 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Belite Bio - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£70.98 M	106.92%
2022-12-31	$£34.3 M	-406.8%
2021-12-31	$-£11.19 Million	116.58%
2020-12-31	$-£5.17 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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Belite Bio (BLTE) - Net assets