Profound Medical (PROF)

Net assets on the balance sheet as of September 2024 : $31.06 Million USD

According to Profound Medical's latest financial reports the company has $31.06 Million USD 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	$$31.18 M	-40.04%
2022-12-31	$$52 M	-35.49%
2021-12-31	$$80.61 M	-17.19%
2020-12-31	$$97.35 M	784.73%
2019-12-31	$$11 M	-23.33%
2018-12-31	$$14.35 M	60.45%
2017-12-31	$$8.94 M	8.9%
2016-12-31	$$8.21 M	13.23%
2015-12-31	$$7.25 M	515.26%
2014-12-31	$$1.17 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