Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : HK$0.17 B

According to Adagene's latest financial reports the company's total debt is HK$0.17 B. A company’s total debt is the sum of all current and non-current debts.

Adagene - Total debt on balance sheet (from 2019 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	HK$0.21 B	274.23%
2021-12-31	HK$58.39 M	-5.61%
2020-12-31	HK$61.86 M	210.91%
2019-12-31	HK$19.89 M	9%
2018-12-31	HK$18.25 M

Total debt for similar companies or competitors

Company	Total debt	differencediff.	Country
Novocure NVCR	HK$5.24 B	2,926.87%	Jersey
Novavax NVAX	HK$1.81 B	945.62%	🇺🇸 USA
Organovo ONVO	HK$9.98 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$0.37 B	114.37%	🇬🇧 UK

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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