Primo Brands (PRMB) - Net Assets

Net assets on the balance sheet as of September 2024 : -HK$1.89 Billion

According to Primo Brands's latest financial reports the company has -HK$1.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Primo Brands - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$21.08 M	-97.99%
2022-12-31	$HK$1.05 B

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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Primo Brands (PRMB) - Net assets