Hempacco (HPCO) - Net Assets

Net assets on the balance sheet as of December 2023 : -€0.71 M

According to Hempacco's latest financial reports the company has -€0.71 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hempacco - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$€7.04 M	179.62%
2021-12-31	$€2.52 M	38.63%
2020-12-31	$€1.81 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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Hempacco (HPCO) - Net assets