PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$2.77 M

According to PainReform's latest financial reports the company has -C$2.77 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PainReform - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$9.6 M	-35.8%
2022-12-31	$C$14.95 M	-34.65%
2021-12-31	$C$22.88 M	7.97%
2020-12-31	$C$21.19 M	-390.8%
2019-12-31	$-C$7.29 M	19.87%
2018-12-31	$-C$6.09 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	C$8.15 M	-394.71%	🇺🇸 USA
OPKO Health OPK	C$1.89 B	-68,464.53%	🇺🇸 USA

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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PainReform (PRFX) - Net assets

Net assets on the balance sheet as of June 2024 : -C$2.77 M