American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -A$69.74 Million

According to American Resources Corp's latest financial reports the company has -A$69.74 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	$A$0.41 M	-112.93%
2021-12-31	$-A$3.24 Million	-87.57%
2020-12-31	$-A$26.02 Million	-44.3%
2019-12-31	$-A$46.72 Million	257.69%
2018-12-31	$-A$13.06 Million	-74.57%
2017-12-31	$-A$51.36 Million
2016-09-30	$-A$0.1 Million	-106.18%
2015-09-30	$A$1.51 M	1131.12%
2014-09-30	$A$0.12 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-A$69.74 Million	0.00%	🇺🇸 USA
Koppers KOP	A$0.78 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 : -A$69.74 Million