Rumble (RUM) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.29 Billion

According to Rumble's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rumble - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.53 B	1103.23%
2021-12-31	$NZ$44.45 M	-9509.1%
2020-12-31	$-NZ$0.48 Million	-156.85%
2019-12-31	$NZ$0.83 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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Rumble (RUM) - Net assets