Procaps Group (PROC)

Net assets on the balance sheet as of September 2023 : NZ$68.48 Million

According to Procaps Group's latest financial reports the company has NZ$68.48 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Procaps Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$2.96 Million	-94.73%
2021-12-31	$-NZ$56.14 Million	-84.1%
2020-12-31	$-NZ$0.36 Billion	-2.56%
2019-12-31	$-NZ$0.37 Billion

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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Procaps Group (PROC) - Net assets