Adagene (ADAG) - Total assets

Total assets on the balance sheet as of December 2023 : ₹9.81 Billion

According to Adagene's latest financial reports the company's total assets are ₹9.81 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

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

Total assets by year

Year	Total assets	Change
2022-12-31	₹12.61 B	-10.59%
2021-12-31	₹14.10 B	128.89%
2020-12-31	₹6.16 B	-18.39%
2019-12-31	₹7.55 B	98.45%
2018-12-31	₹3.80 B

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Novocure NVCR	₹103.68 B	955.91%	Jersey
Novavax NVAX	₹145.29 B	1,379.73%	🇺🇸 USA
Organovo ONVO	₹0.57 B	-94.16%	🇺🇸 USA
Orchard Therapeutics ORTX	₹17.16 B	74.78%	🇬🇧 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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