Third Harmonic Bio (THRD)

Net assets on the balance sheet as of September 2024 : S$0.39 Billion

According to Third Harmonic Bio's latest financial reports the company has S$0.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Third Harmonic Bio - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.35 B	-8.29%
2022-12-31	$S$0.38 B	-713.73%
2021-12-31	$-S$63.15 Million	160%
2020-12-31	$-S$24.29 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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Third Harmonic Bio (THRD) - Net assets