Tourmaline Bio (TRML)

Net assets on the balance sheet as of September 2024 : S$0.43 Billion

According to Tourmaline Bio's latest financial reports the company has S$0.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tourmaline Bio - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$26.46 Million	8557.93%
2021-12-31	$-S$0.31 Million

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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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Tourmaline Bio (TRML) - Net assets