Azul (AZUL) - Net assets

Net assets on the balance sheet as of September 2024 : -C$6.87 Billion

According to Azul's latest financial reports the company has -C$6.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azul - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$4.88 Billion	16.34%
2021-12-31	$-C$4.2 Billion	20.69%
2020-12-31	$-C$3.48 Billion	203.65%
2019-12-31	$-C$1.15 Billion	183.05%
2018-12-31	$-C$0.41 Billion	172.09%
2017-12-31	$-C$0.15 Billion	-135.9%
2016-12-31	$C$0.41 B	-401.04%
2015-12-31	$-C$0.14 Billion	-175.5%
2014-12-31	$C$0.18 B	-15.26%
2013-12-31	$C$0.21 B	25.91%
2012-12-31	$C$0.17 B	435.25%
2011-12-31	$C$31.88 M	-70.52%
2010-12-31	$C$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LATAM Airlines LTM	C$1.02 B	-114.92%	🇨🇱 Chile
Southwest Airlines LUV	C$14.90 B	-317.26%	🇺🇸 USA
Mesa Air MESA	C$0.19 B	-102.81%	🇺🇸 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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