PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -£1.58 Million

According to PainReform's latest financial reports the company has -£1.58 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	$£5.68 M	-37.63%
2022-12-31	$£9.1 M	-31.99%
2021-12-31	$£13.39 M	9.86%
2020-12-31	$£12.19 M	-384.4%
2019-12-31	$-£4.29 Million	22.1%
2018-12-31	$-£3.52 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	£4.65 M	-394.71%	🇺🇸 USA
OPKO Health OPK	£1.07 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 : -£1.58 Million