Jumia (JMIA) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹2.11 Billion

According to Jumia's latest financial reports the company has ₹2.11 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jumia - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹14.41 B	-53.05%
2021-12-31	$₹30.70 B	24.19%
2020-12-31	$₹24.72 B	51.18%
2019-12-31	$₹16.35 B	258.6%
2018-12-31	$₹4.56 B	-493.51%
2017-12-31	$-₹1.16 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	₹60.93 B	2,783.00%	🇮🇱 Israel

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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Jumia (JMIA) - Net assets

Net assets on the balance sheet as of June 2024 : ₹2.11 Billion