Appian (APPN) - Net Assets

Net assets on the balance sheet as of June 2024 : -HK$0.36 B

According to Appian's latest financial reports the company has -HK$0.36 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Appian - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.40 B	-64.09%
2022-12-31	$HK$1.13 B	-37.59%
2021-12-31	$HK$1.82 B	-20.69%
2020-12-31	$HK$2.29 B	43.86%
2019-12-31	$HK$1.59 B	178.91%
2018-12-31	$HK$0.57 B	61.14%
2017-12-31	$HK$0.35 B	-667.87%
2016-12-31	$-HK$62.64 M	-300.78%
2015-12-31	$HK$31.19 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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Appian (APPN) - Net assets