LuxUrban Hotels (LUXH)

Net assets on the balance sheet as of March 2024 : -€11.29 M

According to LuxUrban Hotels 's latest financial reports the company has -€11.29 M 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	$-€3.07 M	-68.86%
2021-12-31	$-€9.86 M	54.56%
2020-12-31	$-€6.38 M	239.86%
2019-12-31	$-€1.88 M

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