PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -€1.85 M

According to PainReform's latest financial reports the company has -€1.85 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	$€6.54 M	-36.26%
2022-12-31	$€10.27 M	-35.36%
2021-12-31	$€15.89 M	16.9%
2020-12-31	$€13.59 M	-371.54%
2019-12-31	$-€5.01 M	28.69%
2018-12-31	$-€3.9 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	€5.42 M	-394.71%	🇺🇸 USA
OPKO Health OPK	€1.25 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 : -€1.85 M