Verrica Pharmaceuticals (VRCA)

Net assets on the balance sheet as of June 2024 : -NZ$21.5 M

According to Verrica Pharmaceuticals's latest financial reports the company has -NZ$21.5 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Verrica Pharmaceuticals - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$31.25 M	-50.44%
2022-12-31	$NZ$63.05 M	32.44%
2021-12-31	$NZ$47.6 M	3.8%
2020-12-31	$NZ$45.86 M	-52.41%
2019-12-31	$NZ$96.38 M	-27.68%
2018-12-31	$NZ$0.13 B	-1444.16%
2017-12-31	$-NZ$9.92 M	157.78%
2016-12-31	$-NZ$3.85 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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Verrica Pharmaceuticals (VRCA) - Net assets