Reborn Coffee (REBN)

Net assets on the balance sheet as of September 2024 : $2.66 Million USD

According to Reborn Coffee's latest financial reports the company has $2.66 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.84 M	-80.25%
2022-12-31	$$4.28 M	257.72%
2021-12-31	$$1.19 M	-259.26%
2020-12-31	$-$0.76 Million	-70.02%
2019-12-31	$-$2.51 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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Reborn Coffee (REBN) - Net assets