Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : $22.3 Million USD

According to Adagene's latest financial reports the company's total debt is $22.3 Million USD. A company’s total debt is the sum of all current and non-current debts.

Adagene - Total debt on balance sheet (from 2019 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	$27.97 M	273.48%
2021-12-31	$7.48 M	-6.16%
2020-12-31	$7.98 M	212.35%
2019-12-31	$2.55 M	9.6%
2018-12-31	$2.33 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	$0.67 B	2,928.78%	Jersey
Novavax NVAX	$0.23 B	945.90%	🇺🇸 USA
Organovo ONVO	$1.17 M	-94.74%	🇺🇸 USA
Orchard Therapeutics ORTX	$47.82 M	114.37%	🇬🇧 UK

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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