TRxADE HEALTH (MEDS)

Net assets on the balance sheet as of December 2023 : NZ$0.87 M

According to TRxADE HEALTH's latest financial reports the company has NZ$0.87 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	$NZ$0.54 M	-90.19%
2021-12-31	$NZ$5.5 M	-54.38%
2020-12-31	$NZ$12.06 M	96.62%
2019-12-31	$NZ$6.13 M	387.63%
2018-12-31	$NZ$1.25 M	-386.57%
2017-12-31	$-NZ$0.44 M	-73.5%
2016-12-31	$-NZ$1.66 M	-524.34%
2015-12-31	$NZ$0.39 M	-54.16%
2014-12-31	$NZ$0.85 M	434.76%
2013-12-31	$NZ$0.15 M
2008-12-31	$-NZ$83.23 M	347248.53%
2007-12-31	$-NZ$0.03 M	-274.5%
2006-12-31	$NZ$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