Adagene (ADAG) - Total liabilities

Total liabilities on the balance sheet as of December 2023 : ₹3.91 Billion

According to Adagene's latest financial reports the company's total liabilities are ₹3.91 Billion. A company’s total liabilities is the sum of all current and non-current debts and obligations.

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

Total liabilities by year

Year	Total liabilities	Change
2022-12-31	₹5.73 B	133.84%
2021-12-31	₹2.45 B	-80.69%
2020-12-31	₹12.69 B	9.33%
2019-12-31	₹11.61 B	74.06%
2018-12-31	₹6.67 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Novocure NVCR	₹74.57 B	1,806.62%	Jersey
Novavax NVAX	₹193.86 B	4,856.73%	🇺🇸 USA
Organovo ONVO	₹0.26 B	-93.19%	🇺🇸 USA
Orchard Therapeutics ORTX	₹10.56 B	170.11%	🇬🇧 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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