Biofrontera (BFRI) - Net Assets

Net assets on the balance sheet as of March 2024 : -C$7.35 M

According to Biofrontera's latest financial reports the company has -C$7.35 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Biofrontera - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$32.4 M	125.81%
2021-12-31	$C$14.34 M	93.07%
2020-12-31	$C$7.43 M	-119%
2019-12-31	$-C$39.13 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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Biofrontera (BFRI) - Net assets