Adagene (ADAG) - Total debt

Total debt on the balance sheet as of December 2023 : S$30.03 Million

According to Adagene's latest financial reports the company's total debt is S$30.03 Million. A company’s total debt is the sum of all current and non-current debts.

Adagene - Total debt on balance sheet (from 2019 to 2023)

Total debt by year

Year	Total debt	Change
2022-12-31	S$37.49 M	270.35%
2021-12-31	S$10.12 M	-4.1%
2020-12-31	S$10.55 M	206.5%
2019-12-31	S$3.44 M	8.16%
2018-12-31	S$3.18 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
Novocure NVCR	S$0.90 B	2,928.78%	Jersey
Novavax NVAX	S$0.31 B	945.62%	🇺🇸 USA
Organovo ONVO	S$1.73 M	-94.24%	🇺🇸 USA
Orchard Therapeutics ORTX	S$64.39 M	114.37%	🇬🇧 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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