GeneDx Holdings (WGS)

Net assets on the balance sheet as of September 2024 : HK$1.59 Billion

According to GeneDx Holdings's latest financial reports the company has HK$1.59 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	$HK$1.78 B	-10.16%
2022-12-31	$HK$1.98 B	-34.5%
2021-12-31	$HK$3.02 B	-218.28%
2020-12-31	$-HK$2.56 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