Journey Medical (DERM)

Net assets on the balance sheet as of June 2024 : NZ$18.59 Million

According to Journey Medical's latest financial reports the company has NZ$18.59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Journey Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$26.74 M	-56.55%
2021-12-31	$NZ$61.55 M	331.53%
2020-12-31	$NZ$14.26 M	249.07%
2019-12-31	$NZ$4.08 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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Journey Medical (DERM) - Net assets