Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of September 2024 : NZ$42 Million

According to Petros Pharmaceuticals's latest financial reports the company has NZ$42 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$26.3 M	-49.45%
2021-12-31	$NZ$52.03 M	114.94%
2020-12-31	$NZ$24.21 M	103.33%
2019-12-31	$NZ$11.9 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	NZ$61.08 M	45.42%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-NZ$5.08 Million	-112.08%	Bahamas

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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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Petros Pharmaceuticals (PTPI) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$42 Million