JOANN (JOAN) - Net Assets

Net assets on the balance sheet as of October 2023 : -₹15.55 Billion

According to JOANN's latest financial reports the company has -₹15.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-01-31	$-₹4.01 Billion	-135.63%
2022-01-31	$₹11.24 B	263.64%
2021-01-31	$₹3.09 B	-125.09%
2020-01-31	$-₹12.33 Billion	-146.42%
2019-01-31	$₹26.54 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
JOANN JOAN	-₹15.55 Billion	0.00%	🇺🇸 USA

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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JOANN (JOAN) - Net assets

Net assets on the balance sheet as of October 2023 : -₹15.55 Billion