Jumia (JMIA) - Net Assets

Net assets on the balance sheet as of June 2024 : €23.87 Million

According to Jumia's latest financial reports the company has €23.87 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jumia - Net assets on balance sheet (from 2018 to 2021)

Net assets by year

Year	Net assets	Change
2020-12-31	$€0.27 B	34.26%
2019-12-31	$€0.20 B	259.07%
2018-12-31	$€57.02 M	-476.89%
2017-12-31	$-€15.13 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	€0.68 B	2,783.00%	🇮🇱 Israel

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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Jumia (JMIA) - Net assets

Net assets on the balance sheet as of June 2024 : €23.87 Million