Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : NZ$38.18 Million

According to Adagene's latest financial reports the company's total debt is NZ$38.18 Million. A company’s total debt is the sum of all current and non-current debts.

Adagene - Total debt on balance sheet (from 2019 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	NZ$44.05 M	301.8%
2021-12-31	NZ$10.96 M	-0.87%
2020-12-31	NZ$11.06 M	191.55%
2019-12-31	NZ$3.79 M	9.16%
2018-12-31	NZ$3.47 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	NZ$1.15 B	2,928.78%	Jersey
Novavax NVAX	NZ$0.39 B	945.62%	🇺🇸 USA
Organovo ONVO	NZ$2.19 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	NZ$81.86 M	114.37%	🇬🇧 UK

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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