Orchestra BioMed (OBIO)

Net assets on the balance sheet as of September 2024 : $46.21 Million USD

According to Orchestra BioMed 's latest financial reports the company has $46.21 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orchestra BioMed - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$68.04 M	29.52%
2022-12-31	$$52.53 M	-173.75%
2021-12-31	$-$71.24 Million	46.74%
2020-12-31	$-$48.55 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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Orchestra BioMed (OBIO) - Net assets