Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹39.98 Billion

According to Bitfarms's latest financial reports the company has ₹39.98 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	$₹24.53 B	16.11%
2022-12-31	$₹21.13 B	-20.91%
2021-12-31	$₹26.72 B	2265.34%
2020-12-31	$₹1.12 B	-43.6%
2019-12-31	$₹2.00 B	38.71%
2018-12-31	$₹1.44 B	-18.95%
2017-12-31	$₹1.78 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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Bitfarms (BITF) - Net assets