Adamas One (JEWL) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$2.3 Million

According to Adamas One's latest financial reports the company has -C$2.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Adamas One - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$C$4.24 M	-164.35%
2022-09-30	$-C$6.6 Million	-18.21%
2021-09-30	$-C$8.07 Million	103.26%
2020-09-30	$-C$3.97 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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Adamas One (JEWL) - Net assets