Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -₹1.72 Billion

According to Argo Blockchain's latest financial reports the company has -₹1.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Argo Blockchain - Net assets on balance sheet (from 2022 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.38 B	-94.95%
2021-12-31	$₹27.36 B	728%
2020-12-31	$₹3.30 B	29.98%
2019-12-31	$₹2.54 B	5.36%
2018-12-31	$₹2.41 B

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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Argo Blockchain (ARBK) - Net assets