Journey Medical (DERM)

Net assets on the balance sheet as of June 2024 : S$15.16 Million

According to Journey Medical's latest financial reports the company has S$15.16 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	$S$22.76 M	-59.95%
2021-12-31	$S$56.83 M	317.45%
2020-12-31	$S$13.61 M	266.98%
2019-12-31	$S$3.71 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