Azul (AZUL) - Net assets

Net assets on the balance sheet as of September 2024 : -NZ$8.48 Billion

According to Azul's latest financial reports the company has -NZ$8.48 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	$-NZ$5.67 Billion	17.55%
2021-12-31	$-NZ$4.82 Billion	27.55%
2020-12-31	$-NZ$3.78 Billion	190.31%
2019-12-31	$-NZ$1.31 Billion	194.04%
2018-12-31	$-NZ$0.45 Billion	165.89%
2017-12-31	$-NZ$0.17 Billion	-137.43%
2016-12-31	$NZ$0.44 B	-407.04%
2015-12-31	$-NZ$0.15 Billion	-172.31%
2014-12-31	$NZ$0.20 B	-18.48%
2013-12-31	$NZ$0.24 B	17.75%
2012-12-31	$NZ$0.20 B	419.45%
2011-12-31	$NZ$40.16 M	-71.37%
2010-12-31	$NZ$0.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LATAM Airlines LTM	NZ$1.26 B	-114.92%	🇨🇱 Chile
Southwest Airlines LUV	NZ$18.40 B	-317.26%	🇺🇸 USA
Mesa Air MESA	NZ$0.23 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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