Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : S$52.78 Million

According to Profound Medical's latest financial reports the company has S$52.78 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	$S$41.17 M	-40.93%
2022-12-31	$S$69.71 M	-36.03%
2021-12-31	$S$0.10 B	-15.37%
2020-12-31	$S$0.12 B	768.17%
2019-12-31	$S$14.83 M	-24.34%
2018-12-31	$S$19.6 M	63.88%
2017-12-31	$S$11.96 M	0.63%
2016-12-31	$S$11.88 M	15.86%
2015-12-31	$S$10.26 M	558.65%
2014-12-31	$S$1.55 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