Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : NZ$67.27 Million

According to Profound Medical's latest financial reports the company has NZ$67.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$49.3 M	-39.81%
2022-12-31	$NZ$81.9 M	-30.6%
2021-12-31	$NZ$0.11 B	-12.52%
2020-12-31	$NZ$0.13 B	725.8%
2019-12-31	$NZ$16.33 M	-23.64%
2018-12-31	$NZ$21.39 M	69.88%
2017-12-31	$NZ$12.59 M	6.21%
2016-12-31	$NZ$11.85 M	11.88%
2015-12-31	$NZ$10.59 M	604.34%
2014-12-31	$NZ$1.5 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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Profound Medical (PROF) - Net assets