Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of June 2024 : C$12.94 Million

According to Petros Pharmaceuticals's latest financial reports the company has C$12.94 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Petros Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$22.66 M	-49.97%
2021-12-31	$C$45.29 M	103.37%
2020-12-31	$C$22.27 M	112.67%
2019-12-31	$C$10.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	C$56.63 M	337.60%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-C$4.06 Million	-131.32%	Bahamas

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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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Petros Pharmaceuticals (PTPI) - Net assets

Net assets on the balance sheet as of June 2024 : C$12.94 Million