LuxUrban Hotels (LUXH)

Net assets on the balance sheet as of September 2024 : -A$0.13 Billion

According to LuxUrban Hotels 's latest financial reports the company has -A$0.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

LuxUrban Hotels - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$4.84 Million	-68.72%
2021-12-31	$-A$15.47 Million	52.57%
2020-12-31	$-A$10.14 Million	236.9%
2019-12-31	$-A$3.01 Million

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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LuxUrban Hotels (LUXH) - Net assets