Hycroft Mining (HYMC)

Net assets on the balance sheet as of June 2024 : -A$14.6 M

According to Hycroft Mining's latest financial reports the company has -A$14.6 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hycroft Mining - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$93.02 M	-198.76%
2021-12-31	$-A$94.21 M	-536.83%
2020-12-31	$A$21.56 M	-103.45%
2019-12-31	$-A$0.63 B

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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Hycroft Mining (HYMC) - Net assets