Medifast (MED) - Net assets

Net assets on the balance sheet as of September 2024 : HK$1.60 Billion

According to Medifast's latest financial reports the company has HK$1.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Medifast - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.57 B	29.9%
2022-12-31	$HK$1.21 B	-23.27%
2021-12-31	$HK$1.57 B	29.52%
2020-12-31	$HK$1.21 B	49.31%
2019-12-31	$HK$0.81 B	-4.44%
2018-12-31	$HK$0.85 B	0.71%
2017-12-31	$HK$0.84 B	13.94%
2016-12-31	$HK$0.74 B	8.44%
2015-12-31	$HK$0.68 B	9.99%
2014-12-31	$HK$0.62 B	-18.21%
2013-12-31	$HK$0.76 B	8.45%
2012-12-31	$HK$0.70 B	23.43%
2011-12-31	$HK$0.57 B	1.81%
2010-12-31	$HK$0.55 B	51.04%
2009-12-31	$HK$0.37 B	36.22%
2008-12-31	$HK$0.27 B	7.67%
2007-12-31	$HK$0.25 B	16.43%
2006-12-31	$HK$0.21 B	27.17%
2005-12-31	$HK$0.17 B	14.39%
2004-12-31	$HK$0.14 B	12.76%
2003-12-31	$HK$0.13 B	204.29%
2002-12-31	$HK$43.5 M	119.8%
2001-12-31	$HK$19.79 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
OPKO Health OPK	HK$10.89 B	576.86%	🇺🇸 USA
Bellerophon Therapeutics BLPH	HK$28.9 M	-98.20%	🇺🇸 USA
Abeona Therapeutics ABEO	HK$0.35 B	-77.92%	🇺🇸 USA

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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