HyreCar (HYRE) - Net Assets

Net assets on the balance sheet as of September 2022 : HK$16.59 M

According to HyreCar's latest financial reports the company has HK$16.59 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HyreCar - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$43.8 M	-225.24%
2020-12-31	$-HK$34.98 M	-165.69%
2019-12-31	$HK$53.24 M	27.01%
2018-12-31	$HK$41.91 M	-530.12%
2017-12-31	$-HK$9.75 M	353.98%
2016-12-31	$-HK$2.15 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
HyreCar HYRE	HK$16.59 M	0.00%	🇺🇸 USA
Hertz HTZ	HK$15.26 B	91,853.81%	🇺🇸 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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HyreCar (HYRE) - Net assets

Net assets on the balance sheet as of September 2022 : HK$16.59 M