Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : C$54.87 Million

According to Profound Medical's latest financial reports the company has C$54.87 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Profound Medical - Net assets on balance sheet (from 2014 to 2020)

Net assets by year

Year	Net assets	Change
2019-12-31	$C$14.37 M	-26.49%
2018-12-31	$C$19.54 M	73.84%
2017-12-31	$C$11.24 M	1.88%
2016-12-31	$C$11.03 M	9.7%
2015-12-31	$C$10.06 M	635.46%
2014-12-31	$C$1.36 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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Profound Medical (PROF) - Net assets