HyreCar (HYRE) - Net Assets

Net assets on the balance sheet as of September 2022 : S$2.88 Million

According to HyreCar's latest financial reports the company has S$2.88 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

HyreCar - Net assets on balance sheet (from 2017 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$S$7.59 M	-227.27%
2020-12-31	$-S$5.97 Million	-164.75%
2019-12-31	$S$9.21 M	26.02%
2018-12-31	$S$7.31 M	-538.34%
2017-12-31	$-S$1.67 Million	316.41%
2016-12-31	$-S$0.41 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
HyreCar HYRE	S$2.88 M	0.00%	🇺🇸 USA
Hertz HTZ	S$0.92 B	31,881.89%	🇺🇸 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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HyreCar (HYRE) - Net assets

Net assets on the balance sheet as of September 2022 : S$2.88 Million