Addex Therapeutics (ADXN)

Net assets on the balance sheet as of March 2024 : -NZ$2.47 M

According to Addex Therapeutics's latest financial reports the company has -NZ$2.47 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Addex Therapeutics - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$2.15 M	-74.28%
2022-12-31	$NZ$8.37 M	-69.04%
2021-12-31	$NZ$27.05 M	17.42%
2020-12-31	$NZ$23.04 M	-41.01%
2019-12-31	$NZ$39.06 M	-34.29%
2018-12-31	$NZ$59.44 M	2962.24%
2017-12-31	$NZ$1.94 M	526.68%
2016-12-31	$NZ$0.3 M	-87.43%
2015-12-31	$NZ$2.46 M	-18.54%
2014-12-31	$NZ$3.02 M	-27.16%
2013-12-31	$NZ$4.15 M	-78.3%
2012-12-31	$NZ$19.13 M	-56.18%
2011-12-31	$NZ$43.66 M	-51.33%
2010-12-31	$NZ$89.7 M	-13.78%
2009-12-31	$NZ$0.10 B	-47.39%
2008-12-31	$NZ$0.19 B	23.47%
2007-12-31	$NZ$0.16 B	224.73%
2006-12-31	$NZ$49.32 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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Addex Therapeutics (ADXN) - Net assets