ADC Therapeutics (ADCT)

Net assets on the balance sheet as of June 2024 : -₹11.06 B

According to ADC Therapeutics's latest financial reports the company has -₹11.06 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ADC Therapeutics - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-₹12.35 B	-287.72%
2022-12-31	$₹6.57 B	-46.82%
2021-12-31	$₹12.36 B	-49.62%
2020-12-31	$₹24.53 B	209.55%
2019-12-31	$₹7.92 B	-10.2%
2018-12-31	$₹8.82 B	-44.52%
2017-12-31	$₹15.90 B	66.17%
2016-12-31	$₹9.57 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹25.39 B	-329.67%	🇺🇸 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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ADC Therapeutics (ADCT) - Net assets

Net assets on the balance sheet as of June 2024 : -₹11.06 B