Reborn Coffee (REBN)

Net assets on the balance sheet as of June 2024 : A$3.85 Million

According to Reborn Coffee's latest financial reports the company has A$3.85 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Reborn Coffee - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$6.29 M	281.1%
2021-12-31	$A$1.65 M	-268.92%
2020-12-31	$-A$0.98 Million	-72.7%
2019-12-31	$-A$3.59 Million

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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Reborn Coffee (REBN) - Net assets