Profound Medical (PROF)

Net assets on the balance sheet as of September 2024 : HK$0.24 Billion

According to Profound Medical's latest financial reports the company has HK$0.24 Billion 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 2020 to 2020)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.24 B	-40.07%
2022-12-31	$HK$0.40 B	-35.36%
2021-12-31	$HK$0.62 B	-16.7%
2020-12-31	$HK$0.75 B	780.65%
2019-12-31	$HK$85.69 M	-23.75%
2018-12-31	$HK$0.11 B	60.81%
2017-12-31	$HK$69.88 M	9.72%
2016-12-31	$HK$63.69 M	13.29%
2015-12-31	$HK$56.22 M	514.8%
2014-12-31	$HK$9.14 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