Jumia (JMIA) - Net Assets

Net assets on the balance sheet as of June 2024 : $25.03 M

According to Jumia's latest financial reports the company has $25.03 M 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	$$0.17 B	-57.77%
2021-12-31	$$0.41 B	22.78%
2020-12-31	$$0.33 B	46.17%
2019-12-31	$$0.22 B	251.95%
2018-12-31	$$65.32 M	-459.83%
2017-12-31	$-$18.16 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Perion Network PERI	$0.72 B	2,799.74%	🇮🇱 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 : $25.03 M