American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -HK$0.36 Billion

According to American Resources Corp's latest financial reports the company has -HK$0.36 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Resources Corp - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.22 M	-112.16%
2021-12-31	$-HK$18.29 Million	-88.21%
2020-12-31	$-HK$0.16 Billion	-39.11%
2019-12-31	$-HK$0.26 Billion	253.55%
2018-12-31	$-HK$72.05 Million	-77%
2017-12-31	$-HK$0.32 Billion
2016-09-30	$-HK$0.56 Million	-106.74%
2015-09-30	$HK$8.23 M	887.16%
2014-09-30	$HK$0.83 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-HK$0.36 Billion	0.00%	🇺🇸 USA
Koppers KOP	HK$3.99 B	-1,225.27%	🇺🇸 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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American Resources Corp (AREC) - Net assets

Net assets on the balance sheet as of June 2024 : -HK$0.36 Billion