Co-Diagnostics (CODX)

Net assets on the balance sheet as of June 2024 : ₹6.09 Billion

According to Co-Diagnostics 's latest financial reports the company has ₹6.09 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	$₹9.47 B	-5.32%
2021-12-31	$₹10.00 B	105.2%
2020-12-31	$₹4.87 B	3837.33%
2019-12-31	$₹0.12 B	-267.33%
2018-12-31	$-₹74.04 Million	-130.11%
2017-12-31	$₹0.24 B	-220.82%
2016-12-31	$-₹0.21 Billion	166.88%
2015-12-31	$-₹76.25 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	₹1.076 T	17,548.35%	🇳🇱 Netherlands
PAVmed PAVM	-₹1.58 Billion	-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 : ₹6.09 Billion