SmartRent (SMRT) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.37 Billion

According to SmartRent's latest financial reports the company has HK$2.37 Billion 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	1262.59%
2020-12-31	$HK$0.25 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Urban Outfitters URBN	HK$18.29 B	671.09%	🇺🇸 USA
Gap Inc. GAP	HK$24.38 B	927.39%	🇺🇸 USA
American Eagle Outfitters AEO	HK$13.58 B	472.39%	🇺🇸 USA
Nordstrom JWN	HK$7.67 B	223.46%	🇺🇸 USA
Ross Stores ROST	HK$40.93 B	1,624.89%	🇺🇸 USA
TJX Companies TJX	HK$63.56 B	2,578.43%	🇺🇸 USA
Buckle BKE	HK$3.79 B	60.05%	🇺🇸 USA
Trinity Place Holdings TPHS	HK$11.51 M	-99.51%	🇺🇸 USA
Guess GES	HK$3.81 B	60.70%	🇺🇸 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 September 2024 : HK$2.37 Billion