Petros Pharmaceuticals (PTPI)

Net assets on the balance sheet as of June 2024 : $9.18 M

According to Petros Pharmaceuticals's latest financial reports the company has $9.18 M 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	$$16.7 M	-53.01%
2021-12-31	$$35.54 M	103.47%
2020-12-31	$$17.46 M	117.84%
2019-12-31	$$8.01 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NRC Health NRC	$40.19 M	337.60%	🇺🇸 USA
Nymox Pharmaceutical NYMX	-$2.88 M	-131.32%	Bahamas

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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Petros Pharmaceuticals (PTPI) - Net assets

Net assets on the balance sheet as of June 2024 : $9.18 M