Co-Diagnostics (CODX)

Net assets on the balance sheet as of June 2024 : NZ$0.11 B

According to Co-Diagnostics 's latest financial reports the company has NZ$0.11 B 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	$NZ$0.18 B	-8.14%
2021-12-31	$NZ$0.19 B	111.74%
2020-12-31	$NZ$92.73 M	3500.94%
2019-12-31	$NZ$2.57 M	-263.23%
2018-12-31	$-NZ$1.58 M	-129.1%
2017-12-31	$NZ$5.42 M	-225.41%
2016-12-31	$-NZ$4.33 M	157.59%
2015-12-31	$-NZ$1.68 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Philips PHG	NZ$20.65 B	17,548.35%	🇳🇱 Netherlands
PAVmed PAVM	-NZ$30.14 M	-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 : NZ$0.11 B