PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -S$2.76 Million

According to PainReform's latest financial reports the company has -S$2.76 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	$S$9.56 M	-35.29%
2022-12-31	$S$14.77 M	-39.56%
2021-12-31	$S$24.44 M	11.18%
2020-12-31	$S$21.98 M	-390.09%
2019-12-31	$-S$7.58 Million	24.48%
2018-12-31	$-S$6.09 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	S$8.11 M	-394.71%	🇺🇸 USA
OPKO Health OPK	S$1.89 B	-68,861.39%	🇺🇸 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 : -S$2.76 Million