Adial Pharmaceuticals (ADIL)

Net assets on the balance sheet as of June 2024 : NZ$7.05 Million

According to Adial Pharmaceuticals 's latest financial reports the company has NZ$7.05 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adial Pharmaceuticals - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$5.16 M	0.49%
2021-12-31	$NZ$5.13 M	-7.04%
2020-12-31	$NZ$5.52 M	-47.9%
2019-12-31	$NZ$10.6 M	60.13%
2018-12-31	$NZ$6.62 M	-571.39%
2017-12-31	$-NZ$1.41 Million	840.12%
2016-12-31	$-NZ$0.15 Million	-162.68%
2015-12-31	$NZ$0.23 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	NZ$66.3 M	839.90%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-NZ$4.75 Million	-167.27%	Bahamas

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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Adial Pharmaceuticals (ADIL) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$7.05 Million