Argo Blockchain (ARBK)

Net assets on the balance sheet as of June 2024 : -NZ$34.6 Million

According to Argo Blockchain's latest financial reports the company has -NZ$34.6 Million 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	$NZ$26.29 M	-95.12%
2021-12-31	$NZ$0.53 B	759.43%
2020-12-31	$NZ$62.63 M	18.3%
2019-12-31	$NZ$52.94 M	2.89%
2018-12-31	$NZ$51.45 M

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