Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$0.80 Billion

According to Bitfarms's latest financial reports the company has NZ$0.80 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	$NZ$0.46 B	15.87%
2022-12-31	$NZ$0.40 B	-23.47%
2021-12-31	$NZ$0.52 B	2355.12%
2020-12-31	$NZ$21.4 M	-48.67%
2019-12-31	$NZ$41.7 M	35.46%
2018-12-31	$NZ$30.78 M	-21.64%
2017-12-31	$NZ$39.29 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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Bitfarms (BITF) - Net assets