Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of June 2024 : HK$71.6 M

According to Petros Pharmaceuticals's latest financial reports the company has HK$71.6 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	$HK$0.13 B	-52.91%
2021-12-31	$HK$0.27 B	104.62%
2020-12-31	$HK$0.13 B	116.85%
2019-12-31	$HK$62.46 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	HK$0.31 B	337.60%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-HK$22.43 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 : HK$71.6 M