Adial Pharmaceuticals (ADIL)

Net assets on the balance sheet as of June 2024 : A$6.61 Million

According to Adial Pharmaceuticals 's latest financial reports the company has A$6.61 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adial Pharmaceuticals - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$4.81 M	-0.49%
2021-12-31	$A$4.83 M	-6.66%
2020-12-31	$A$5.18 M	-49.17%
2019-12-31	$A$10.19 M	61.77%
2018-12-31	$A$6.3 M	-593.4%
2017-12-31	$-A$1.28 Million	789.96%
2016-12-31	$-A$0.15 Million	-164.11%
2015-12-31	$A$0.22 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	A$62.19 M	839.90%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-A$4.46 Million	-167.27%	Bahamas

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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Adial Pharmaceuticals (ADIL) - Net assets

Net assets on the balance sheet as of June 2024 : A$6.61 Million