JOANN (JOAN) - Net Assets

Net assets on the balance sheet as of October 2023 : -HK$1.43 Billion

According to JOANN's latest financial reports the company has -HK$1.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

JOANN - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-01-31	$-HK$0.39 Billion	-132.95%
2022-01-31	$HK$1.16 B	255.14%
2021-01-31	$HK$0.32 B	-124.61%
2020-01-31	$-HK$1.34 Billion	-145.65%
2019-01-31	$HK$2.92 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
JOANN JOAN	-HK$1.43 Billion	0.00%	🇺🇸 USA

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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JOANN (JOAN) - Net assets

Net assets on the balance sheet as of October 2023 : -HK$1.43 Billion