Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -C$27.51 M

According to Argo Blockchain's latest financial reports the company has -C$27.51 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Argo Blockchain - Net assets on balance sheet (from 2022 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$22.65 M	-95.14%
2021-12-31	$C$0.46 B	708.29%
2020-12-31	$C$57.71 M	23.39%
2019-12-31	$C$46.77 M	-1.16%
2018-12-31	$C$47.32 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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Argo Blockchain (ARBK) - Net assets