Journey Medical (DERM)

Net assets on the balance sheet as of June 2024 : A$16.93 Million

According to Journey Medical's latest financial reports the company has A$16.93 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Journey Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$24.95 M	-56.97%
2021-12-31	$A$57.99 M	333.27%
2020-12-31	$A$13.38 M	240.53%
2019-12-31	$A$3.93 M

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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Journey Medical (DERM) - Net assets