BitNile (NILE) - Net Assets

Net assets on the balance sheet as of September 2022 : $0.45 Billion USD

According to BitNile's latest financial reports the company has $0.45 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

BitNile - Net assets on balance sheet (from 2001 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$$0.34 B	602.56%
2020-12-31	$$49.13 M	607.04%
2019-12-31	$$6.94 M	-61.53%
2018-12-31	$$18.06 M	-3.86%
2017-12-31	$$18.79 M	427.96%
2016-12-31	$$3.55 M	2.54%
2015-12-31	$$3.47 M	-21.84%
2014-12-31	$$4.44 M	-12.01%
2013-12-31	$$5.04 M	-8.68%
2012-12-31	$$5.52 M	7.68%
2011-12-31	$$5.13 M	18.63%
2010-12-31	$$4.32 M	15.11%
2009-12-31	$$3.75 M	4.24%
2008-12-31	$$3.6 M	-3.66%
2007-12-31	$$3.74 M	7.84%
2006-12-31	$$3.47 M	32.28%
2005-12-31	$$2.62 M	-2.99%
2004-12-31	$$2.7 M	-10.49%
2003-12-31	$$3.02 M	-6.7%
2002-12-31	$$3.23 M	20.61%
2001-12-31	$$2.68 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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BitNile (NILE) - Net assets