Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of September 2024 : HK$2.97 Billion

According to Praxis Precision Medicines's latest financial reports the company has HK$2.97 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Praxis Precision Medicines - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.54 B	-8.5%
2022-12-31	$HK$0.59 B	-69.6%
2021-12-31	$HK$1.95 B	-12.24%
2020-12-31	$HK$2.22 B	613.31%
2019-12-31	$HK$0.31 B	171.72%
2018-12-31	$HK$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.12 B	-28.40%	🇺🇸 USA

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Praxis Precision Medicines (PRAX) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.97 Billion