Verrica Pharmaceuticals (VRCA)

Net assets on the balance sheet as of June 2024 : -A$19.95 M

According to Verrica Pharmaceuticals's latest financial reports the company has -A$19.95 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Verrica Pharmaceuticals - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$29 M	-50.69%
2022-12-31	$A$58.82 M	31.19%
2021-12-31	$A$44.84 M	4.75%
2020-12-31	$A$42.8 M	-53.72%
2019-12-31	$A$92.48 M	-27.12%
2018-12-31	$A$0.12 B	-1507.06%
2017-12-31	$-A$9.02 M	144.03%
2016-12-31	$-A$3.7 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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Verrica Pharmaceuticals (VRCA) - Net assets