Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : A$60.7 Million

According to Profound Medical's latest financial reports the company has A$60.7 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Profound Medical - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$45.76 M	-40.11%
2022-12-31	$A$76.41 M	-31.28%
2021-12-31	$A$0.11 B	-12.17%
2020-12-31	$A$0.12 B	705.58%
2019-12-31	$A$15.71 M	-22.85%
2018-12-31	$A$20.37 M	77.81%
2017-12-31	$A$11.45 M	0.54%
2016-12-31	$A$11.39 M	14.44%
2015-12-31	$A$9.95 M	591.19%
2014-12-31	$A$1.44 M

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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Profound Medical (PROF) - Net assets