Akerna (KERN) - Net assets

Net assets on the balance sheet as of September 2023 : -£7.01 M

According to Akerna's latest financial reports the company has -£7.01 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Akerna - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-£3.99 M	-109%
2021-12-31	$£44.29 M
2020-06-30	$£29.54 M	72.36%
2019-06-30	$£17.14 M
2018-12-31	$£45.52 M	262346.23%
2017-12-31	$£0.01 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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