Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -€19.35 Million

According to Argo Blockchain's latest financial reports the company has -€19.35 Million 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	$€15.56 M	-95.21%
2021-12-31	$€0.32 B	783.6%
2020-12-31	$€36.74 M	15.43%
2019-12-31	$€31.82 M	5.5%
2018-12-31	$€30.17 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