Gryphon Digital Mining (GRYP)

Net assets on the balance sheet as of September 2024 : -$18.87 Million USD

According to Gryphon Digital Mining's latest financial reports the company has -$18.87 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gryphon Digital Mining - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$26.7 M	40.13%
2021-12-31	$$19.05 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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Gryphon Digital Mining (GRYP) - Net assets