PaxMedica (PXMD) - Net Assets

Net assets on the balance sheet as of June 2024 : -S$2.46 Million

According to PaxMedica's latest financial reports the company has -S$2.46 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$4.47 M	2965.1%
2022-12-31	$S$0.14 M	-101.07%
2021-12-31	$-S$13.67 Million	123.19%
2020-12-31	$-S$6.13 Million	4520.39%
2019-12-31	$-S$0.14 Million	-3665.16%
2018-12-31	$S$0 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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PaxMedica (PXMD) - Net assets