Azul (AZUL) - Net assets

Net assets on the balance sheet as of September 2024 : -₹411.04 Billion

According to Azul's latest financial reports the company has -₹411.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azul - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-₹297.59 Billion	21.48%
2021-12-31	$-₹244.98 Billion	22.89%
2020-12-31	$-₹199.35 Billion	218.98%
2019-12-31	$-₹62.5 Billion	201.08%
2018-12-31	$-₹20.76 Billion	175.01%
2017-12-31	$-₹7.55 Billion	-136.06%
2016-12-31	$₹20.93 B	-417.77%
2015-12-31	$-₹6.59 Billion	-166.23%
2014-12-31	$₹9.94 B	-20.26%
2013-12-31	$₹12.47 B	32.71%
2012-12-31	$₹9.39 B	466.7%
2011-12-31	$₹1.65 B	-65.8%
2010-12-31	$₹4.84 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LATAM Airlines LTM	₹61.31 B	-114.92%	🇨🇱 Chile
Southwest Airlines LUV	₹893.00 B	-317.26%	🇺🇸 USA
Mesa Air MESA	₹11.56 B	-102.81%	🇺🇸 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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