PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -A$3.16 Million

According to PainReform's latest financial reports the company has -A$3.16 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	$A$10.62 M	-34.39%
2022-12-31	$A$16.19 M	-35.07%
2021-12-31	$A$24.94 M	15.39%
2020-12-31	$A$21.61 M	-369.18%
2019-12-31	$-A$8.03 Million	26.92%
2018-12-31	$-A$6.33 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	A$9.3 M	-394.71%	🇺🇸 USA
OPKO Health OPK	A$2.15 B	-68,464.53%	🇺🇸 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 : -A$3.16 Million