IO Biotech (IOBT) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$0.74 Billion

According to IO Biotech's latest financial reports the company has HK$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.04 B	-4.14%
2022-12-31	$HK$1.08 B	-34.35%
2021-12-31	$HK$1.65 B	-703.81%
2020-12-31	$-HK$0.28 Billion	49.34%
2019-12-31	$-HK$0.19 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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IO Biotech (IOBT) - Net assets