PainReform (PRFX) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹0.18 B

According to PainReform's latest financial reports the company has -₹0.18 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

PainReform - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹0.60 B	-33.92%
2022-12-31	$₹0.91 B	-32.32%
2021-12-31	$₹1.34 B	11.05%
2020-12-31	$₹1.21 B	-403.23%
2019-12-31	$-₹0.41 B	29.08%
2018-12-31	$-₹0.32 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Onconova Therapeutics ONTX	₹0.50 B	-394.71%	🇺🇸 USA
OPKO Health OPK	₹117.05 B	-68,464.53%	🇺🇸 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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PainReform (PRFX) - Net assets

Net assets on the balance sheet as of June 2024 : -₹0.18 B