AppHarvest (APPH) - Net assets

Net assets on the balance sheet as of March 2023 : NZ$0.44 Billion

According to AppHarvest's latest financial reports the company has NZ$0.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.40 B	-27.76%
2021-12-31	$NZ$0.56 B	1553.43%
2020-12-31	$NZ$34.32 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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