LifeMD (LFMD) - Net Assets

Net assets on the balance sheet as of September 2024 : -₹0.51 Billion

According to LifeMD's latest financial reports the company has -₹0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LifeMD - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹0.46 B	-176.65%
2022-12-31	$-₹0.61 Billion	-131.46%
2021-12-31	$₹1.92 B	-3297.64%
2020-12-31	$-₹60.1 Million	-25.37%
2019-12-31	$-₹80.53 Million	-240.49%
2018-12-31	$₹57.31 M	44.13%
2017-12-31	$₹39.76 M	-261.79%
2016-12-31	$-₹24.59 Million	-304.37%
2015-12-31	$₹12.02 M	-236.04%
2014-12-31	$-₹8.85 Million	-173.2%
2013-12-31	$₹12.07 M	63.39%
2012-12-31	$₹7.39 M	-149.38%
2011-12-31	$-₹14.97 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The RealReal REAL	-₹29.34 Billion	5,700.33%	🇺🇸 USA

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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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LifeMD (LFMD) - Net assets

Net assets on the balance sheet as of September 2024 : -₹0.51 Billion