Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : ₹1.93 Billion

According to Adagene's latest financial reports the company's total debt is ₹1.93 Billion. A company’s total debt is the sum of all current and non-current debts.

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

Total debt by year

Year	Total debt	Change
2022-12-31	₹2.31 B	315.22%
2021-12-31	₹0.55 B	-4.5%
2020-12-31	₹0.58 B	220.34%
2019-12-31	₹0.18 B	11.78%
2018-12-31	₹0.16 B

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	₹58.47 B	2,928.78%	Jersey
Novavax NVAX	₹20.19 B	945.90%	🇺🇸 USA
Organovo ONVO	₹0.10 B	-94.74%	🇺🇸 USA
Orchard Therapeutics ORTX	₹4.13 B	114.37%	🇬🇧 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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