Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : A$34.5 Million

According to Adagene's latest financial reports the company's total debt is A$34.5 Million. A company’s total debt is the sum of all current and non-current debts.

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

Total debt by year

Year	Total debt	Change
2022-12-31	A$41.1 M	297.89%
2021-12-31	A$10.33 M	-0.47%
2020-12-31	A$10.37 M	184.41%
2019-12-31	A$3.64 M	10.28%
2018-12-31	A$3.3 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	A$1.04 B	2,928.78%	Jersey
Novavax NVAX	A$0.36 B	945.62%	🇺🇸 USA
Organovo ONVO	A$1.98 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	A$73.97 M	114.37%	🇬🇧 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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