Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$2.04 Billion

According to Avidity Biosciences's latest financial reports the company has NZ$2.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Avidity Biosciences - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.79 B	-13.03%
2022-12-31	$NZ$0.91 B	63.05%
2021-12-31	$NZ$0.55 B	31.58%
2020-12-31	$NZ$0.42 B	-537.33%
2019-12-31	$-NZ$97.05 Million	58.27%
2018-12-31	$-NZ$61.32 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-NZ$1.65 Billion	-180.27%	🇺🇸 USA
Acorda Therapeutics ACOR	-NZ$0.32 Billion	-115.21%	🇺🇸 USA
Sarepta Therapeutics SRPT	NZ$1.80 B	-11.79%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	NZ$1.01 B	-50.15%	🇺🇸 USA
Fate Therapeutics FATE	NZ$0.66 B	-67.49%	🇺🇸 USA
Pfizer PFE	NZ$147.29 B	7,104.92%	🇺🇸 USA
GlaxoSmithKline GSK	NZ$30.14 B	1,374.52%	🇬🇧 UK

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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