Verrica Pharmaceuticals (VRCA)

Net assets on the balance sheet as of September 2024 : -HK$0.27 Billion

According to Verrica Pharmaceuticals's latest financial reports the company has -HK$0.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Verrica Pharmaceuticals - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.15 B	-50.65%
2022-12-31	$HK$0.31 B	23.03%
2021-12-31	$HK$0.25 B	-0.58%
2020-12-31	$HK$0.25 B	-49.5%
2019-12-31	$HK$0.50 B	-27.7%
2018-12-31	$HK$0.70 B	-1373.04%
2017-12-31	$-HK$55.02 Million	166.29%
2016-12-31	$-HK$20.66 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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Verrica Pharmaceuticals (VRCA) - Net assets