HyreCar (HYRE) - Net Assets

Net assets on the balance sheet as of September 2022 : A$3.29 Million

According to HyreCar's latest financial reports the company has A$3.29 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HyreCar - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$A$7.74 M	-232.09%
2020-12-31	$-A$5.87 Million	-160.08%
2019-12-31	$A$9.76 M	28.49%
2018-12-31	$A$7.59 M	-575.59%
2017-12-31	$-A$1.6 Million	316.03%
2016-12-31	$-A$0.39 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
HyreCar HYRE	A$3.29 M	0.00%	🇺🇸 USA
Hertz HTZ	A$3.03 B	91,853.81%	🇺🇸 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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HyreCar (HYRE) - Net assets

Net assets on the balance sheet as of September 2022 : A$3.29 Million