Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.73 Billion

According to Bitfarms's latest financial reports the company has A$0.73 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bitfarms - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.43 B	15.28%
2022-12-31	$A$0.37 B	-24.21%
2021-12-31	$A$0.49 B	2365.01%
2020-12-31	$A$20.08 M	-49.92%
2019-12-31	$A$40.11 M	36.85%
2018-12-31	$A$29.31 M	-17.98%
2017-12-31	$A$35.74 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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Bitfarms (BITF) - Net assets