ADC Therapeutics (ADCT)

Net assets on the balance sheet as of June 2024 : -A$0.2 B

According to ADC Therapeutics's latest financial reports the company has -A$0.2 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ADC Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.22 B	-286.37%
2022-12-31	$A$0.11 B	-49.04%
2021-12-31	$A$0.22 B	-47.5%
2020-12-31	$A$0.43 B	174.83%
2019-12-31	$A$0.15 B	-11.41%
2018-12-31	$A$0.17 B	-43.85%
2017-12-31	$A$0.31 B	63.28%
2016-12-31	$A$0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.44 B	-329.67%	🇺🇸 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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ADC Therapeutics (ADCT) - Net assets

Net assets on the balance sheet as of June 2024 : -A$0.2 B