PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -€1.9 Million

According to PainReform's latest financial reports the company has -€1.9 Million 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	-35.65%
2021-12-31	$€15.96 M	18.16%
2020-12-31	$€13.51 M	-369.24%
2019-12-31	$-€5.02 Million	28.81%
2018-12-31	$-€3.9 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	€5.57 M	-394.71%	🇺🇸 USA
OPKO Health OPK	€1.26 B	-67,001.03%	🇺🇸 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 : -€1.9 Million