Lantern Pharma (LTRN)

Net assets on the balance sheet as of June 2024 : ₹2.59 Billion

According to Lantern Pharma's latest financial reports the company has ₹2.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lantern Pharma - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹4.63 B	-12.95%
2021-12-31	$₹5.32 B	269.77%
2020-12-31	$₹1.44 B	2041.71%
2019-12-31	$₹67.26 M	-576.72%
2018-12-31	$-₹14.12 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹25.40 B	877.65%	🇺🇸 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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Lantern Pharma (LTRN) - Net assets

Net assets on the balance sheet as of June 2024 : ₹2.59 Billion