Archer Aviation (ACHR)

Net assets on the balance sheet as of June 2024 : HK$2.60 Billion

According to Archer Aviation's latest financial reports the company has HK$2.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Archer Aviation - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.86 B	-25.61%
2022-12-31	$HK$3.85 B	-29.28%
2021-12-31	$HK$5.44 B	1858.19%
2020-12-31	$HK$0.27 B

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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Archer Aviation (ACHR) - Net assets