American Resources Corp (AREC)

Net assets on the balance sheet as of June 2024 : -₹3.83 B

According to American Resources Corp's latest financial reports the company has -₹3.83 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

American Resources Corp - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹23.55 M	-113.48%
2021-12-31	$-₹0.18 B	-88.03%
2020-12-31	$-₹1.47 B	-37.26%
2019-12-31	$-₹2.33 B	263.77%
2018-12-31	$-₹0.64 B	-75%
2017-12-31	$-₹2.56 B
2016-09-30	$-₹4.79 M	-106.83%
2015-09-30	$₹69.96 M	957.34%
2014-09-30	$₹6.61 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
American Resources Corp AREC	-₹3.83 B	0.00%	🇺🇸 USA
Koppers KOP	₹43.06 B	-1,225.27%	🇺🇸 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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American Resources Corp (AREC) - Net assets

Net assets on the balance sheet as of June 2024 : -₹3.83 B