Kidpik (PIK) - Net Assets

Net assets on the balance sheet as of March 2024 : -C$0.55 M

According to Kidpik's latest financial reports the company has -C$0.55 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	$C$11.87 M	-36.39%
2021-12-31	$C$18.66 M	720.95%
2020-12-31	$C$2.27 M	-1874.98%
2019-12-31	$-C$0.13 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