BIT Mining (500.com) (BTCM)

Net assets on the balance sheet as of December 2023 : S$34.16 Million

According to BIT Mining (500.com)'s latest financial reports the company has S$34.16 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

BIT Mining (500.com) - Net assets on balance sheet (from 2021 to 2021)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$71.22 M	-74.33%
2021-12-31	$S$0.27 B	2185.85%
2020-12-31	$S$12.13 M	-22.66%
2019-12-31	$S$15.69 M	-50.83%
2018-12-31	$S$31.92 M	-32.83%
2017-12-31	$S$47.52 M	-12.43%
2016-12-31	$S$54.27 M	-13.5%
2015-12-31	$S$62.74 M	63.2%
2014-12-31	$S$38.44 M	37.5%
2013-12-31	$S$27.96 M	-34063.32%
2012-12-31	$-S$0.09 Million	-103.38%
2011-12-31	$S$2.43 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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BIT Mining (500.com) (BTCM) - Net assets