Procaps Group (PROC)

Net assets on the balance sheet as of September 2023 : S$50.08 M

According to Procaps Group's latest financial reports the company has S$50.08 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Procaps Group - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$2.52 M	-95.13%
2021-12-31	$-S$51.71 M	-84.64%
2020-12-31	$-S$0.34 B	2.64%
2019-12-31	$-S$0.33 B

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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Procaps Group (PROC) - Net assets