Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : C$31.19 Million

According to Adagene's latest financial reports the company's total debt is C$31.19 Million. A company’s total debt is the sum of all current and non-current debts.

Adagene - Total debt on balance sheet (from 2019 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	C$37.95 M	297.66%
2021-12-31	C$9.54 M	-6.21%
2020-12-31	C$10.17 M	204.94%
2019-12-31	C$3.33 M	5.08%
2018-12-31	C$3.17 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	C$0.94 B	2,928.78%	Jersey
Novavax NVAX	C$0.32 B	945.62%	🇺🇸 USA
Organovo ONVO	C$1.79 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	C$66.86 M	114.37%	🇬🇧 UK

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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