Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of June 2024 : A$13.77 M

According to Petros Pharmaceuticals's latest financial reports the company has A$13.77 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Petros Pharmaceuticals - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$24.54 M	-49.79%
2021-12-31	$A$48.88 M	115.63%
2020-12-31	$A$22.67 M	98.73%
2019-12-31	$A$11.4 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	A$60.29 M	337.60%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-A$4.32 M	-131.32%	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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Petros Pharmaceuticals (PTPI) - Net assets

Net assets on the balance sheet as of June 2024 : A$13.77 M