Equillium (EQ) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$38.08 Million

According to Equillium's latest financial reports the company has NZ$38.08 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Equillium - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$35.69 M	-29.05%
2022-12-31	$NZ$50.31 M	-48.33%
2021-12-31	$NZ$97.36 M	0.57%
2020-12-31	$NZ$96.81 M	55.8%
2019-12-31	$NZ$62.13 M	-35.81%
2018-12-31	$NZ$96.8 M	-3152.82%
2017-12-31	$-NZ$3.18 Million

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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Equillium (EQ) - Net assets