Co-Diagnostics (CODX)

Net assets on the balance sheet as of June 2024 : A$0.11 Billion

According to Co-Diagnostics 's latest financial reports the company has A$0.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Co-Diagnostics - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.16 B	-9.27%
2021-12-31	$A$0.18 B	113.84%
2020-12-31	$A$86.73 M	3395.73%
2019-12-31	$A$2.48 M	-265.09%
2018-12-31	$-A$1.51 Million	-130.47%
2017-12-31	$A$4.93 M	-218.72%
2016-12-31	$-A$4.16 Million	163.77%
2015-12-31	$-A$1.58 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	A$19.62 B	17,548.35%	🇳🇱 Netherlands
PAVmed PAVM	-A$28.64 Million	-125.75%	🇺🇸 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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Co-Diagnostics (CODX) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.11 Billion