Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of September 2024 : ₹32.48 Billion

According to Praxis Precision Medicines's latest financial reports the company has ₹32.48 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	$₹5.79 B	-7.91%
2022-12-31	$₹6.29 B	-66.26%
2021-12-31	$₹18.66 B	-11.2%
2020-12-31	$₹21.02 B	634.94%
2019-12-31	$₹2.86 B	178.64%
2018-12-31	$₹1.02 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹23.25 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 : ₹32.48 Billion