Quoin Pharmaceuticals (QNRX)

Net assets on the balance sheet as of June 2024 : €7.1 Million

According to Quoin Pharmaceuticals's latest financial reports the company has €7.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$€6.9 M	1090.18%
2021-12-31	$€0.58 M	-110.8%
2020-12-31	$-€5.38 Million

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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Quoin Pharmaceuticals (QNRX) - Net assets