Adagene (ADAG) - Total liabilities

Total liabilities on the balance sheet as of December 2023 : $45.16 Million USD

According to Adagene's latest financial reports the company's total liabilities are $45.16 Million USD. A company’s total liabilities is the sum of all current and non-current debts and obligations.

Adagene - Total liabilities on balance sheet (from 2019 to 2023)

Total liabilities by year

Year	Total liabilities	Change
2022-12-31	$69.3 M	110.33%
2021-12-31	$32.95 M	-81.02%
2020-12-31	$0.17 B	6.6%
2019-12-31	$0.16 B	70.68%
2018-12-31	$95.44 M

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Novocure NVCR	$0.86 B	1,806.62%	Jersey
Novavax NVAX	$2.25 B	4,882.03%	🇺🇸 USA
Organovo ONVO	$2.8 M	-93.78%	🇺🇸 USA
Orchard Therapeutics ORTX	$0.12 B	170.11%	🇬🇧 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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