Luminar Technologies (LAZR)

Net assets on the balance sheet as of June 2024 : -A$0.51 B

According to Luminar Technologies's latest financial reports the company has -A$0.51 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Luminar Technologies - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.33 B	750.16%
2022-12-31	$-A$38.81 M	-114.21%
2021-12-31	$A$0.27 B	41.18%
2020-12-31	$A$0.19 B	-163.97%
2019-12-31	$-A$0.31 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
L3Harris Technologies LHX	A$28.06 B	-5,625.08%	🇺🇸 USA

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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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Luminar Technologies (LAZR) - Net assets

Net assets on the balance sheet as of June 2024 : -A$0.51 B