TRxADE HEALTH (MEDS)

Net assets on the balance sheet as of December 2023 : A$0.81 M

According to TRxADE HEALTH's latest financial reports the company has A$0.81 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TRxADE HEALTH - Net assets on balance sheet (from 2006 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.5 M	-90.28%
2021-12-31	$A$5.18 M	-53.96%
2020-12-31	$A$11.26 M	91.24%
2019-12-31	$A$5.88 M	391.39%
2018-12-31	$A$1.19 M	-399.98%
2017-12-31	$-A$0.4 M	-74.91%
2016-12-31	$-A$1.6 M	-534.48%
2015-12-31	$A$0.36 M	-55.03%
2014-12-31	$A$0.81 M	455.59%
2013-12-31	$A$0.14 M
2008-12-31	$-A$69.52 M	328001.85%
2007-12-31	$-A$0.03 M	-272.66%
2006-12-31	$A$0.01 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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TRxADE HEALTH (MEDS) - Net assets