Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -$20.28 Million USD

According to Argo Blockchain's latest financial reports the company has -$20.28 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Argo Blockchain - Net assets on balance sheet (from 2022 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$$16.69 M	-95.46%
2021-12-31	$$0.36 B	713.57%
2020-12-31	$$45.19 M	26.74%
2019-12-31	$$35.65 M	3.3%
2018-12-31	$$34.51 M

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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Argo Blockchain (ARBK) - Net assets