ACV Auctions (ACVA) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$3.56 Billion

According to ACV Auctions's latest financial reports the company has HK$3.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ACV Auctions - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.56 B	-6.05%
2022-12-31	$HK$3.79 B	-12.48%
2021-12-31	$HK$4.33 B	-500.42%
2020-12-31	$-HK$1.09 Billion	31%
2019-12-31	$-HK$0.83 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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ACV Auctions (ACVA) - Net assets