Edible Garden (EDBL)

Net assets on the balance sheet as of September 2024 : HK$25.33 Million

According to Edible Garden's latest financial reports the company has HK$25.33 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Edible Garden - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$17.04 Million	-69.26%
2021-12-31	$-HK$55.42 Million	244.51%
2020-12-31	$-HK$16.09 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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Edible Garden (EDBL) - Net assets