TRxADE HEALTH (MEDS)

Net assets on the balance sheet as of December 2023 : HK$4.22 M

According to TRxADE HEALTH's latest financial reports the company has HK$4.22 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	$HK$2.67 M	-90.89%
2021-12-31	$HK$29.39 M	-56.32%
2020-12-31	$HK$67.29 M	108.68%
2019-12-31	$HK$32.24 M	387.54%
2018-12-31	$HK$6.61 M	-371.4%
2017-12-31	$-HK$2.44 M	-72.62%
2016-12-31	$-HK$8.91 M	-530.18%
2015-12-31	$HK$2.06 M	-60.1%
2014-12-31	$HK$5.18 M	411.05%
2013-12-31	$HK$1.01 M
2008-12-31	$-HK$0.38 B	257422.02%
2007-12-31	$-HK$0.15 M	-292.06%
2006-12-31	$HK$0.07 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