Provention Bio (PRVB)

Total debt on the balance sheet as of December 2022 : NZ$42.58 Million

According to Provention Bio's latest financial reports the company's total debt is NZ$42.58 Million. A company’s total debt is the sum of all current and non-current debts.

Provention Bio - Total debt on balance sheet (from 2020 to 2022)

Total debt by year

Year	Total debt	Change
2022-12-31	NZ$37.65 M	4259.83%
2021-12-31	NZ$0.86 M	-12.83%
2020-12-31	NZ$0.99 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	NZ$1.20 B	2,725.70%	Jersey
Novavax NVAX	NZ$0.41 B	875.78%	🇺🇸 USA
Organovo ONVO	NZ$2.08 M	-95.09%	🇺🇸 USA
Orchard Therapeutics ORTX	NZ$85.16 M	100.00%	🇬🇧 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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Provention Bio (PRVB) - Total debt

Total debt on the balance sheet as of December 2022 : NZ$42.58 Million