American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -C$61.88 M

According to American Resources Corp's latest financial reports the company has -C$61.88 M 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	$C$0.38 M	-113.01%
2021-12-31	$-C$2.97 M	-88.36%
2020-12-31	$-C$25.52 M	-39.83%
2019-12-31	$-C$42.4 M	237.82%
2018-12-31	$-C$12.56 M	-75.1%
2017-12-31	$-C$50.41 M
2016-09-30	$-C$0.1 M	-106.6%
2015-09-30	$C$1.42 M	1091.86%
2014-09-30	$C$0.11 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-C$61.88 M	0.00%	🇺🇸 USA
Koppers KOP	C$0.69 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 : -C$61.88 M