JOANN (JOAN) - Net Assets

Net assets on the balance sheet as of October 2023 : -C$0.27 Billion

According to JOANN's latest financial reports the company has -C$0.27 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	$-C$65.72 Million	-134.38%
2022-01-31	$C$0.19 B	252.71%
2021-01-31	$C$54.18 M	-123.85%
2020-01-31	$-C$0.23 Billion	-146.33%
2019-01-31	$C$0.49 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
JOANN JOAN	-C$0.27 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 : -C$0.27 Billion