Hydrofarm (HYFM) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.98 Billion

According to Hydrofarm's latest financial reports the company has HK$1.98 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.26 B	-16.97%
2022-12-31	$HK$2.73 B	-44.81%
2021-12-31	$HK$4.95 B	202.91%
2020-12-31	$HK$1.63 B	573.33%
2019-12-31	$HK$0.24 B	-34.78%
2018-12-31	$HK$0.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Lindsay Corporation LNN	HK$3.72 B	88.23%	🇺🇸 USA

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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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Hydrofarm (HYFM) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.98 Billion