American Resources Corp (AREC)

Net assets on the balance sheet as of September 2024 : -₹4.65 Billion

According to American Resources Corp's latest financial reports the company has -₹4.65 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
2023-12-31	$₹18.63 M	-20.9%
2022-12-31	$₹23.55 M	-113.5%
2021-12-31	$-₹0.18 Billion	-88.07%
2020-12-31	$-₹1.47 Billion	-37.27%
2019-12-31	$-₹2.34 Billion	262.55%
2018-12-31	$-₹0.65 Billion	-74.87%
2017-12-31	$-₹2.56 Billion
2016-09-30	$-₹4.78 Million	-106.83%
2015-09-30	$₹70.01 M	959.35%
2014-09-30	$₹6.6 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-₹4.65 Billion	0.00%	🇺🇸 USA
Koppers KOP	₹42.50 B	-1,015.99%	🇺🇸 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 September 2024 : -₹4.65 Billion