PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$3.48 Million

According to PainReform's latest financial reports the company has -NZ$3.48 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PainReform - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$11.44 M	-34.06%
2022-12-31	$NZ$17.35 M	-34.43%
2021-12-31	$NZ$26.47 M	14.93%
2020-12-31	$NZ$23.03 M	-375.93%
2019-12-31	$-NZ$8.35 Million	25.63%
2018-12-31	$-NZ$6.65 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	NZ$10.25 M	-394.71%	🇺🇸 USA
OPKO Health OPK	NZ$2.37 B	-68,464.53%	🇺🇸 USA

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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PainReform (PRFX) - Net assets

Net assets on the balance sheet as of June 2024 : -NZ$3.48 Million