Newegg (NEGG) - Net Assets

Net assets on the balance sheet as of December 2023 : £97.43 Million

According to Newegg's latest financial reports the company has £97.43 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Newegg - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.10 B	-20.84%
2022-12-31	$£0.12 B	-4.99%
2021-12-31	$£0.13 B	44.37%
2020-12-31	$£93.53 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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Newegg (NEGG) - Net assets