Adagene (ADAG) - Total liabilities

Total liabilities on the balance sheet as of December 2023 : NZ$79.25 Million

According to Adagene's latest financial reports the company's total liabilities are NZ$79.25 Million. 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	NZ$0.10 B	126.28%
2021-12-31	NZ$48.24 M	-79.95%
2020-12-31	NZ$0.24 B	-0.5%
2019-12-31	NZ$0.24 B	69.99%
2018-12-31	NZ$0.14 B

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
Novocure NVCR	NZ$1.51 B	1,806.62%	Jersey
Novavax NVAX	NZ$3.92 B	4,856.73%	🇺🇸 USA
Organovo ONVO	NZ$5.39 M	-93.19%	🇺🇸 USA
Orchard Therapeutics ORTX	NZ$0.21 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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