Carvana (CVNA) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.22 Billion

According to Carvana's latest financial reports the company has HK$2.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Carvana - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-HK$3 Billion	-63.55%
2022-12-31	$-HK$8.23 Billion	-300.98%
2021-12-31	$HK$4.09 B	-34.16%
2020-12-31	$HK$6.21 B	315.91%
2019-12-31	$HK$1.49 B	-16.07%
2018-12-31	$HK$1.78 B	-18.46%
2017-12-31	$HK$2.18 B	108.61%
2016-12-31	$HK$1.04 B	107.16%
2015-12-31	$HK$0.50 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	HK$0.38 B	-82.86%	🇨🇳 China
CarLotz LOTZ	HK$1.04 B	-53.23%	🇺🇸 USA
Uxin Limited UXIN	-HK$0.17 Billion	-107.40%	🇨🇳 China

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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Carvana (CVNA) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.22 Billion