Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.62 Billion

According to Bitfarms's latest financial reports the company has S$0.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bitfarms - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.38 B	13.7%
2022-12-31	$S$0.34 B	-29.46%
2021-12-31	$S$0.48 B	2275.02%
2020-12-31	$S$20.43 M	-46.03%
2019-12-31	$S$37.86 M	34.22%
2018-12-31	$S$28.21 M	-24.4%
2017-12-31	$S$37.32 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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Bitfarms (BITF) - Net assets