Hut 8 Mining (HUT) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$1.26 Billion

According to Hut 8 Mining's latest financial reports the company has NZ$1.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hut 8 Mining - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-06-30	$NZ$45.11 M	-67.94%
2022-06-30	$NZ$0.14 B	167.83%
2021-06-30	$NZ$52.54 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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Hut 8 Mining (HUT) - Net assets