Azul (AZUL) - Net assets

Net assets on the balance sheet as of June 2024 : -£3.61 Billion

According to Azul's latest financial reports the company has -£3.61 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	$-£2.98 Billion	21.91%
2021-12-31	$-£2.44 Billion	21.93%
2020-12-31	$-£2 Billion	199.22%
2019-12-31	$-£0.67 Billion	185.78%
2018-12-31	$-£0.24 Billion	167.38%
2017-12-31	$-£87.47 Million	-135.04%
2016-12-31	$£0.24 B	-473.22%
2015-12-31	$-£66.89 Million	-166.36%
2014-12-31	$£0.10 B	-17.65%
2013-12-31	$£0.12 B	15.25%
2012-12-31	$£0.10 B	426.52%
2011-12-31	$£20.16 M	-71.23%
2010-12-31	$£70.1 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LATAM Airlines LTM	£0.40 B	-111.29%	🇨🇱 Chile
Southwest Airlines LUV	£8.01 B	-322.49%	🇺🇸 USA
Mesa Air MESA	£0.10 B	-102.88%	🇺🇸 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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