Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : C$0.66 Billion

According to Bitfarms's latest financial reports the company has C$0.66 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	$C$0.39 B	12.81%
2022-12-31	$C$0.34 B	-24.25%
2021-12-31	$C$0.45 B	2222.97%
2020-12-31	$C$19.69 M	-46.31%
2019-12-31	$C$36.68 M	30.4%
2018-12-31	$C$28.13 M	-19.81%
2017-12-31	$C$35.08 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