Azul (AZUL) - Net assets

Net assets on the balance sheet as of September 2024 : -€4.63 Billion

According to Azul's latest financial reports the company has -€4.63 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azul - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-€3.36 Billion	15.36%
2021-12-31	$-€2.91 Billion	31.14%
2020-12-31	$-€2.22 Billion	183.27%
2019-12-31	$-€0.79 Billion	201.48%
2018-12-31	$-€0.26 Billion	163.39%
2017-12-31	$-€98.52 Million	-133.64%
2016-12-31	$€0.29 B	-423.03%
2015-12-31	$-€90.65 Million	-170.25%
2014-12-31	$€0.12 B	-11.74%
2013-12-31	$€0.14 B	12.66%
2012-12-31	$€0.12 B	437.54%
2011-12-31	$€24.13 M	-70.33%
2010-12-31	$€81.36 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LATAM Airlines LTM	€0.68 B	-114.92%	🇨🇱 Chile
Southwest Airlines LUV	€10.04 B	-317.26%	🇺🇸 USA
Mesa Air MESA	€0.13 B	-102.81%	🇺🇸 USA

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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