Surf Air Mobility (SRFM)

Net assets on the balance sheet as of September 2024 : -C$0.2 Billion

According to Surf Air Mobility's latest financial reports the company has -C$0.2 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Surf Air Mobility - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.11 Billion	-65.9%
2022-12-31	$-C$0.31 Billion	36.67%
2021-12-31	$-C$0.23 Billion	22.18%
2020-12-31	$-C$0.19 Billion

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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Surf Air Mobility (SRFM) - Net assets