JOANN (JOAN) - Net Assets

Net assets on the balance sheet as of October 2023 : -A$0.3 Billion

According to JOANN's latest financial reports the company has -A$0.3 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

JOANN - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-01-31	$-A$69.57 Million	-132.5%
2022-01-31	$A$0.21 B	285.82%
2021-01-31	$A$55.48 M	-121.64%
2020-01-31	$-A$0.26 Billion	-149.84%
2019-01-31	$A$0.51 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
JOANN JOAN	-A$0.3 Billion	0.00%	🇺🇸 USA

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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JOANN (JOAN) - Net assets

Net assets on the balance sheet as of October 2023 : -A$0.3 Billion