Luminar Technologies (LAZR)

Net assets on the balance sheet as of June 2024 : -₹28.74 B

According to Luminar Technologies's latest financial reports the company has -₹28.74 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-₹18.72 B	756.29%
2022-12-31	$-₹2.19 B	-114.83%
2021-12-31	$₹14.73 B	35.47%
2020-12-31	$₹10.87 B	-172.05%
2019-12-31	$-₹15.1 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
L3Harris Technologies LHX	₹1.587 T	-5,625.08%	🇺🇸 USA

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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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Luminar Technologies (LAZR) - Net assets

Net assets on the balance sheet as of June 2024 : -₹28.74 B