American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -S$61.25 Million

According to American Resources Corp's latest financial reports the company has -S$61.25 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	$S$0.38 M	-112.04%
2021-12-31	$-S$3.18 Million	-88.02%
2020-12-31	$-S$26.47 Million	-39.97%
2019-12-31	$-S$44.1 Million	250.82%
2018-12-31	$-S$12.57 Million	-76.56%
2017-12-31	$-S$53.63 Million
2016-09-30	$-S$0.1 Million	-106.44%
2015-09-30	$S$1.51 M	1008.11%
2014-09-30	$S$0.13 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-S$61.25 Million	0.00%	🇺🇸 USA
Koppers KOP	S$0.68 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 : -S$61.25 Million