PaxMedica (PXMD) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹0.16 Billion

According to PaxMedica's latest financial reports the company has -₹0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$₹0.28 B	3030.03%
2022-12-31	$₹9 M	-101.2%
2021-12-31	$-₹0.76 Billion	122.28%
2020-12-31	$-₹0.34 Billion	4728.91%
2019-12-31	$-₹7.01 Million	-3784.42%
2018-12-31	$₹0.19 M

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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PaxMedica (PXMD) - Net assets