Hour Loop (HOUR) - Net Assets

Net assets on the balance sheet as of June 2024 : $6.17 Million USD

According to Hour Loop's latest financial reports the company has $6.17 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hour Loop - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$6.83 M	157.41%
2021-12-31	$$2.65 M	-36.42%
2020-12-31	$$4.17 M	1075.45%
2019-12-31	$$0.35 M

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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Hour Loop (HOUR) - Net assets