Edible Garden (EDBL)

Net assets on the balance sheet as of March 2024 : -A$6.14 M

According to Edible Garden's latest financial reports the company has -A$6.14 M 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 M	-67.23%
2021-12-31	$-A$9.78 M	262.98%
2020-12-31	$-A$2.7 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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Edible Garden (EDBL) - Net assets