Adial Pharmaceuticals (ADIL)

Net assets on the balance sheet as of March 2024 : C$8.3 M

According to Adial Pharmaceuticals 's latest financial reports the company has C$8.3 M 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	0.15%
2021-12-31	$C$4.43 M	-12.66%
2020-12-31	$C$5.08 M	-45.09%
2019-12-31	$C$9.25 M	52.79%
2018-12-31	$C$6.05 M	-583.08%
2017-12-31	$-C$1.26 M	801.77%
2016-12-31	$-C$0.14 M	-161.39%
2015-12-31	$C$0.22 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	C$54.52 M	556.65%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-C$3.91 M	-147.00%	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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Adial Pharmaceuticals (ADIL) - Net assets

Net assets on the balance sheet as of March 2024 : C$8.3 M