Journey Medical (DERM)

Net assets on the balance sheet as of June 2024 : ₹0.95 Billion

According to Journey Medical's latest financial reports the company has ₹0.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Journey Medical - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.40 B	-55.09%
2021-12-31	$₹3.12 B	315.75%
2020-12-31	$₹0.75 B	283.54%
2019-12-31	$₹0.19 B

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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Journey Medical (DERM) - Net assets