Elanco (ELAN) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$50.79 Billion

According to Elanco's latest financial reports the company has HK$50.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Elanco - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$48.60 B	-14.66%
2022-12-31	$HK$56.95 B	-2.72%
2021-12-31	$HK$58.54 B	-10.9%
2020-12-31	$HK$65.70 B	52.1%
2019-12-31	$HK$43.19 B	6.14%
2018-12-31	$HK$40.70 B	-33.04%
2017-12-31	$HK$60.78 B	11.54%
2016-12-31	$HK$54.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	HK$46.83 M	-99.91%	🇺🇸 USA
OPKO Health OPK	HK$10.92 B	-78.49%	🇺🇸 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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Elanco (ELAN) - Net assets

Net assets on the balance sheet as of September 2024 : HK$50.79 Billion