Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of June 2024 : €8.28 M

According to Petros Pharmaceuticals's latest financial reports the company has €8.28 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$€15.57 M	-50.16%
2021-12-31	$€31.24 M	118.62%
2020-12-31	$€14.29 M	100.1%
2019-12-31	$€7.14 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	€36.27 M	337.60%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-€2.6 M	-131.32%	Bahamas

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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Petros Pharmaceuticals (PTPI) - Net assets

Net assets on the balance sheet as of June 2024 : €8.28 M