GeneDx Holdings (WGS)

Net assets on the balance sheet as of September 2024 : A$0.31 Billion

According to GeneDx Holdings's latest financial reports the company has A$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GeneDx Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.33 B	-10.23%
2022-12-31	$A$0.37 B	-30.36%
2021-12-31	$A$0.53 B	-224.72%
2020-12-31	$-A$0.43 Billion

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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GeneDx Holdings (WGS) - Net assets