Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : ₹3.31 Billion

According to Profound Medical's latest financial reports the company has ₹3.31 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	$₹2.59 B	-39.68%
2022-12-31	$₹4.30 B	-28.28%
2021-12-31	$₹6.00 B	-15.72%
2020-12-31	$₹7.11 B	807.35%
2019-12-31	$₹0.78 B	-21.8%
2018-12-31	$₹1.00 B	75.7%
2017-12-31	$₹0.57 B	2.32%
2016-12-31	$₹0.55 B	15.79%
2015-12-31	$₹0.48 B	545.13%
2014-12-31	$₹74.72 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