Hycroft Mining (HYMC)

Net assets on the balance sheet as of September 2024 : -₹1.96 Billion

According to Hycroft Mining's latest financial reports the company has -₹1.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$₹5.23 B	-202.76%
2021-12-31	$-₹5.1 Billion	-519.5%
2020-12-31	$₹1.21 B	-103.88%
2019-12-31	$-₹31.33 Billion

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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Hycroft Mining (HYMC) - Net assets