Gryphon Digital Mining (GRYP)

Net assets on the balance sheet as of September 2024 : -C$27 Million

According to Gryphon Digital Mining's latest financial reports the company has -C$27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gryphon Digital Mining - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$6.55 Million	-126.96%
2021-12-31	$C$24.28 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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Gryphon Digital Mining (GRYP) - Net assets