Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -£15.7 Million

According to Argo Blockchain's latest financial reports the company has -£15.7 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 2018 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$£13.79 M	-94.93%
2021-12-31	$£0.27 B	721.54%
2020-12-31	$£33.15 M	21.93%
2019-12-31	$£27.19 M	-0%
2018-12-31	$£27.19 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