Erasca (ERAS) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$3.50 Billion

According to Erasca's latest financial reports the company has HK$3.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Erasca - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$3.21 B	-9.6%
2021-12-31	$HK$3.55 B	-502.86%
2020-12-31	$-HK$0.89 Billion	734.01%
2019-12-31	$-HK$0.11 Billion

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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Erasca (ERAS) - Net assets