Eterna Therapeutics (ERNA)

Net assets on the balance sheet as of June 2024 : -NZ$14.6 Million

According to Eterna Therapeutics's latest financial reports the company has -NZ$14.6 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Eterna Therapeutics - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$19.07 M	-48.93%
2021-12-31	$NZ$37.33 M	251.76%
2020-12-31	$NZ$10.61 M

Net assets for similar companies or competitors

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Baxter BAX	NZ$13.19 B	-90,505.82%	🇺🇸 USA
Geron GERN	NZ$0.50 B	-3,528.15%	🇺🇸 USA
Omeros Corporation OMER	-NZ$0.22 Billion	1,361.39%	🇺🇸 USA
Sanofi SNY	NZ$133.94 B	-917,899.67%	🇫🇷 France
Bio-Techne TECH	NZ$3.66 B	-25,183.86%	🇺🇸 USA
Genetic Technologies GENE	NZ$2.09 M	-114.37%	🇦🇺 Australia
Teva Pharmaceutical Industries TEVA	NZ$10.92 B	-74,976.85%	🇮🇱 Israel

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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Eterna Therapeutics (ERNA) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$14.6 Million