Edible Garden (EDBL)

Net assets on the balance sheet as of March 2024 : -S$5.33 M

According to Edible Garden's latest financial reports the company has -S$5.33 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Edible Garden - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-S$2.93 M	-69.51%
2021-12-31	$-S$9.59 M	249.39%
2020-12-31	$-S$2.75 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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Edible Garden (EDBL) - Net assets