Edible Garden (EDBL)

Net assets on the balance sheet as of June 2024 : NZ$0.87 Million

According to Edible Garden's latest financial reports the company has NZ$0.87 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Edible Garden - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-NZ$3.44 Million	-67%
2021-12-31	$-NZ$10.41 Million	261.81%
2020-12-31	$-NZ$2.88 Million

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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Edible Garden (EDBL) - Net assets