Avidity Biosciences (RNA) - Net assets

Net assets on the balance sheet as of June 2024 : S$1.62 Billion

According to Avidity Biosciences's latest financial reports the company has S$1.62 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	$S$0.66 B	-14.66%
2022-12-31	$S$0.77 B	50.29%
2021-12-31	$S$0.51 B	27.29%
2020-12-31	$S$0.40 B	-559.77%
2019-12-31	$-S$88.12 Million	56.82%
2018-12-31	$-S$56.19 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PTC Therapeutics PTCT	-S$1.31 Billion	-180.27%	🇺🇸 USA
Acorda Therapeutics ACOR	-S$0.25 Billion	-115.21%	🇺🇸 USA
Sarepta Therapeutics SRPT	S$1.42 B	-11.79%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	S$0.80 B	-50.15%	🇺🇸 USA
Fate Therapeutics FATE	S$0.52 B	-67.49%	🇺🇸 USA
Pfizer PFE	S$116.76 B	7,104.92%	🇺🇸 USA
GlaxoSmithKline GSK	S$23.89 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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