Trxade Group Inc (MEDS) — Net Asset Quality Index
Trxade Group Inc (MEDS) has a Net Asset Quality Index of 79.4% as of June 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $14.85 Million minus total liabilities of $3.06 Million yields net assets of $11.79 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check MEDS strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Trxade Group Inc Net Asset Quality Index Over Time (2006–2023)
This chart shows how Trxade Group Inc's Net Asset Quality Index has evolved across 15 annual periods from 2006 to 2023. As of June 2024, the index stands at 79.4%, representing net assets of $11.79 Million against total assets of $14.85 Million USD. Explore Trxade Group Inc (MEDS) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Net Asset Quality Index for Trxade Group Inc (2006–2023)
The table below presents the year-by-year Net Asset Quality Index for Trxade Group Inc from 2006 to 2023, covering 15 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see market value of Trxade Group Inc.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 4.3% | $542.35K | $12.53 Million | $11.99 Million | ▼ -4.9 pp |
| 2022 | 9.2% | $342.87K | $3.71 Million | $3.37 Million | ▼ -56.1 pp |
| 2021 | 65.4% | $3.77 Million | $5.77 Million | $2.00 Million | ▼ -23.2 pp |
| 2020 | 88.6% | $8.68 Million | $9.79 Million | $1.11 Million | ▲ +14.3 pp |
| 2019 | 74.3% | $4.14 Million | $5.57 Million | $1.43 Million | ▲ +36.4 pp |
| 2018 | 37.9% | $844.67K | $2.23 Million | $1.38 Million | ▲ +88.4 pp |
| 2017 | -50.5% | $-311.93K | $617.48K | $929.41K | ▲ +290.0 pp |
| 2016 | -340.5% | $-1.15 Million | $337.12K | $1.49 Million | ▼ -353.7 pp |
| 2015 | 13.2% | $267.02K | $2.03 Million | $1.76 Million | ▼ -41.5 pp |
| 2014 | 54.7% | $668.44K | $1.22 Million | $553.68K | ▲ +22.3 pp |
| 2013 | 32.4% | $130.87K | $403.87K | $273.00K | ▲ +17.7 pp |
| 2012 | 14.7% | $17.48K | $118.68K | $101.19K | ▲ +7003.1 pp |
| 2008 | -6988.4% | $-48.01 Million | $687.00K | $48.70 Million | ▼ -5943.0 pp |
| 2007 | -1045.3% | $-18.51K | $1.77K | $20.28K | ▼ -1118.8 pp |
| 2006 | 73.4% | $9.67K | $13.17K | $3.50K | — |