Adagene (ADAG) - Net Assets

Net assets on the balance sheet as of December 2023 : €67 Million

According to Adagene's latest financial reports the company has €67 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adagene - Net assets on balance sheet (from 2019 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$€77.46 M	-43.97%
2021-12-31	$€0.13 B	-290.22%
2020-12-31	$-€72.68 Million	42.81%
2019-12-31	$-€50.9 Million	41.9%
2018-12-31	$-€35.87 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Novocure NVCR	€0.34 B	411.31%	Jersey
Novavax NVAX	-€0.41 Billion	-711.83%	🇺🇸 USA
Organovo ONVO	€6.32 M	-90.56%	🇺🇸 USA
Orchard Therapeutics ORTX	€76.21 M	13.75%	🇬🇧 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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Adagene (ADAG) - Net assets

Net assets on the balance sheet as of December 2023 : €67 Million