Hour Loop (HOUR) - Net Assets

Net assets on the balance sheet as of June 2024 : S$8.2 Million

According to Hour Loop's latest financial reports the company has S$8.2 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hour Loop - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$9.16 M	155.26%
2021-12-31	$S$3.58 M	-35.03%
2020-12-31	$S$5.52 M	1053.45%
2019-12-31	$S$0.47 M

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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Hour Loop (HOUR) - Net assets