TRxADE HEALTH (MEDS)

Net assets on the balance sheet as of December 2023 : S$0.7 M

According to TRxADE HEALTH's latest financial reports the company has S$0.7 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	$S$0.45 M	-90.96%
2021-12-31	$S$5.08 M	-55.69%
2020-12-31	$S$11.47 M	106.1%
2019-12-31	$S$5.56 M	383.85%
2018-12-31	$S$1.15 M	-375.8%
2017-12-31	$-S$0.42 M	-74.89%
2016-12-31	$-S$1.67 M	-539.52%
2015-12-31	$S$0.37 M	-57.2%
2014-12-31	$S$0.88 M	432.59%
2013-12-31	$S$0.16 M
2008-12-31	$-S$69.04 M	257814.37%
2007-12-31	$-S$0.03 M	-280.47%
2006-12-31	$S$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