SmartRent (SMRT) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$2.56 B

According to SmartRent's latest financial reports the company has HK$2.56 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.67 B	-6.01%
2022-12-31	$HK$2.84 B	-18.81%
2021-12-31	$HK$3.50 B	1262.3%
2020-12-31	$HK$0.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Urban Outfitters URBN	HK$17.47 B	580.49%	🇺🇸 USA
Gap Inc. GPS	HK$22.61 B	780.74%	🇺🇸 USA
American Eagle Outfitters AEO	HK$13.20 B	414.41%	🇺🇸 USA
Nordstrom JWN	HK$7.38 B	187.81%	🇺🇸 USA
Ross Stores ROST	HK$39.99 B	1,457.62%	🇺🇸 USA
TJX Companies TJX	HK$60.66 B	2,262.60%	🇺🇸 USA
Buckle BKE	HK$3.57 B	39.24%	🇺🇸 USA
Trinity Place Holdings TPHS	HK$14.23 M	-99.45%	🇺🇸 USA
Guess GES	HK$4.14 B	61.52%	🇺🇸 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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SmartRent (SMRT) - Net assets

Net assets on the balance sheet as of June 2024 : HK$2.56 B