Stronghold Digital Mining (SDIG)

Net assets on the balance sheet as of June 2024 : A$79.9 Million

According to Stronghold Digital Mining's latest financial reports the company has A$79.9 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Stronghold Digital Mining - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$93.66 M	-32.75%
2022-12-31	$A$0.13 B	-58.26%
2021-12-31	$A$0.33 B	-6439.13%
2020-12-31	$-A$5.27 Million	32.51%
2019-12-31	$-A$3.98 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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Stronghold Digital Mining (SDIG) - Net assets