The Honest Company (HNST)

Net assets on the balance sheet as of September 2024 : HK$1.03 Billion

According to The Honest Company's latest financial reports the company has HK$1.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Honest Company - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$0.96 B	-15.9%
2022-12-31	$HK$1.14 B	-18.12%
2021-12-31	$HK$1.39 B	-176.07%
2020-12-31	$-HK$1.84 Billion	2.37%
2019-12-31	$-HK$1.8 Billion

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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The Honest Company (HNST) - Net assets