Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : €21.3 Million

According to Adagene's latest financial reports the company's total debt is €21.3 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	€26.07 M	294.31%
2021-12-31	€6.61 M	1.92%
2020-12-31	€6.48 M	184.48%
2019-12-31	€2.28 M	11.93%
2018-12-31	€2.03 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	€0.64 B	2,928.78%	Jersey
Novavax NVAX	€0.22 B	945.62%	🇺🇸 USA
Organovo ONVO	€1.22 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	€45.66 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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