American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -NZ$77.76 Million

According to American Resources Corp's latest financial reports the company has -NZ$77.76 Million 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
2022-12-31	$NZ$0.44 M	-113.06%
2021-12-31	$-NZ$3.44 Million	-87.62%
2020-12-31	$-NZ$27.73 Million	-42.9%
2019-12-31	$-NZ$48.57 Million	254.06%
2018-12-31	$-NZ$13.72 Million	-75.7%
2017-12-31	$-NZ$56.46 Million
2016-09-30	$-NZ$0.1 Million	-105.91%
2015-09-30	$NZ$1.67 M	1108.76%
2014-09-30	$NZ$0.13 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-NZ$77.76 Million	0.00%	🇺🇸 USA
Koppers KOP	NZ$0.87 B	-1,225.27%	🇺🇸 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 June 2024 : -NZ$77.76 Million