Adial Pharmaceuticals (ADIL)

Net assets on the balance sheet as of September 2024 : C$8.42 Million

According to Adial Pharmaceuticals 's latest financial reports the company has C$8.42 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adial Pharmaceuticals - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$4.44 M	-0.55%
2021-12-31	$C$4.47 M	-12.04%
2020-12-31	$C$5.08 M	-45.5%
2019-12-31	$C$9.32 M	54.15%
2018-12-31	$C$6.04 M	-582.39%
2017-12-31	$-C$1.26 Million	801.77%
2016-12-31	$-C$0.14 Million	-161.45%
2015-12-31	$C$0.22 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	C$49.57 M	488.46%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-C$4.12 Million	-148.90%	Bahamas

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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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Adial Pharmaceuticals (ADIL) - Net assets

Net assets on the balance sheet as of September 2024 : C$8.42 Million