TrueCar (TRUE) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$1.12 Billion

According to TrueCar's latest financial reports the company has HK$1.12 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

TrueCar - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$1.25 B	-18.82%
2022-12-31	$HK$1.54 B	-40.06%
2021-12-31	$HK$2.57 B	-13.34%
2020-12-31	$HK$2.96 B	16.42%
2019-12-31	$HK$2.54 B	-6.08%
2018-12-31	$HK$2.71 B	10.93%
2017-12-31	$HK$2.44 B	40.47%
2016-12-31	$HK$1.74 B	-3.44%
2015-12-31	$HK$1.80 B	-6.69%
2014-12-31	$HK$1.93 B	122.2%
2013-12-31	$HK$0.86 B	14.29%
2012-12-31	$HK$0.76 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
General Motors GM	HK$577.35 B	51,442.91%	🇺🇸 USA
Gannett GCI	HK$1.86 B	66.76%	🇺🇸 USA
eBay EBAY	HK$42.19 B	3,666.92%	🇺🇸 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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TrueCar (TRUE) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.12 Billion