Kidpik (PIK) - Net Assets

Net assets on the balance sheet as of March 2024 : -A$0.6 M

According to Kidpik's latest financial reports the company has -A$0.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Kidpik - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$12.85 M	-36.61%
2021-12-31	$A$20.28 M	776.64%
2020-12-31	$A$2.31 M	-1746.09%
2019-12-31	$-A$0.15 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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Kidpik (PIK) - Net assets