Praxis Precision Medicines (PRAX)

Net assets on the balance sheet as of December 2024 : NZ$0.74 Billion

According to Praxis Precision Medicines's latest financial reports the company has NZ$0.74 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
2024-12-31	$NZ$0.78 B	616.96%
2023-12-31	$NZ$0.11 B	-8.1%
2022-12-31	$NZ$0.11 B	-67.36%
2021-12-31	$NZ$0.36 B	-7.83%
2020-12-31	$NZ$0.39 B	568.88%
2019-12-31	$NZ$59.56 M	172.11%
2018-12-31	$NZ$21.88 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.40 B	-45.42%	🇺🇸 USA

What is the market capitalization of a company?

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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 December 2024 : NZ$0.74 Billion