Edible Garden (EDBL)

Net assets on the balance sheet as of September 2024 : A$5.18 Million

According to Edible Garden's latest financial reports the company has A$5.18 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Edible Garden - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$3.21 Million	-67.32%
2021-12-31	$-A$9.81 Million	263.27%
2020-12-31	$-A$2.7 Million

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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Edible Garden (EDBL) - Net assets