Adial Pharmaceuticals (ADIL)

Net assets on the balance sheet as of September 2024 : $5.88 Million USD

According to Adial Pharmaceuticals 's latest financial reports the company has $5.88 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adial Pharmaceuticals - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$3.27 M	-6.59%
2021-12-31	$$3.5 M	-12%
2020-12-31	$$3.98 M	-44.18%
2019-12-31	$$7.14 M	60.78%
2018-12-31	$$4.44 M	-545.22%
2017-12-31	$-$1 Million	863.88%
2016-12-31	$-$0.11 Million	-163.44%
2015-12-31	$$0.16 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	$34.62 M	488.46%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-$2.88 Million	-148.90%	Bahamas

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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Adial Pharmaceuticals (ADIL) - Net assets

Net assets on the balance sheet as of September 2024 : $5.88 Million USD