Hycroft Mining (HYMC)

Net assets on the balance sheet as of September 2024 : -€22.3 Million

According to Hycroft Mining's latest financial reports the company has -€22.3 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hycroft Mining - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$€59.01 M	-197.58%
2021-12-31	$-€60.49 Million	-547.67%
2020-12-31	$€13.5 M	-103.45%
2019-12-31	$-€0.4 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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Hycroft Mining (HYMC) - Net assets