Profound Medical (PROF)

Net assets on the balance sheet as of June 2024 : £31.16 Million

According to Profound Medical's latest financial reports the company has £31.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Profound Medical - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2023-12-31	$£24.47 M	-43.06%
2022-12-31	$£42.98 M	-28.03%
2021-12-31	$£59.72 M	-16.38%
2020-12-31	$£71.41 M	751.13%
2019-12-31	$£8.39 M	-25.78%
2018-12-31	$£11.3 M	70.83%
2017-12-31	$£6.61 M	-0.58%
2016-12-31	$£6.65 M	36%
2015-12-31	$£4.89 M	546.39%
2014-12-31	$£0.75 M

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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Profound Medical (PROF) - Net assets