Akerna (KERN) - Net assets

Net assets on the balance sheet as of September 2023 : -₹0.78 Billion

According to Akerna's latest financial reports the company has -₹0.78 Billion 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	$-₹0.4 Billion	-108.95%
2021-12-31	$₹4.46 B
2020-06-30	$₹2.76 B	84.54%
2019-06-30	$₹1.50 B
2018-12-31	$₹4.06 B	271233.58%
2017-12-31	$₹1.49 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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