BIT Mining (500.com) (BTCM)

Net assets on the balance sheet as of December 2023 : A$40.54 Million

According to BIT Mining (500.com)'s latest financial reports the company has A$40.54 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

BIT Mining (500.com) - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$78.07 M	-72.43%
2021-12-31	$A$0.28 B	2272.47%
2020-12-31	$A$11.93 M	-28.23%
2019-12-31	$A$16.62 M	-49.87%
2018-12-31	$A$33.17 M	-27.12%
2017-12-31	$A$45.51 M	-12.5%
2016-12-31	$A$52.02 M	-14.56%
2015-12-31	$A$60.88 M	71.26%
2014-12-31	$A$35.55 M	43.7%
2013-12-31	$A$24.74 M	-38292.16%
2012-12-31	$-A$0.07 Million	-103.53%
2011-12-31	$A$1.83 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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BIT Mining (500.com) (BTCM) - Net assets