USA Rare Earth (USAR)

Net assets on the balance sheet as of March 2026 : NZ$3.18 Billion

According to USA Rare Earth's latest financial reports the company has NZ$3.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

USA Rare Earth - Net assets on balance sheet (from 2023 to 2026)

Net assets by year

Year	Net assets	Change
2025-12-31	$NZ$0.85 B	1368.77%
2024-12-31	$NZ$58.1 M	-85.07%
2023-12-31	$NZ$0.38 B	670.9%
2022-12-31	$NZ$50.47 M

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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USA Rare Earth (USAR) - Net assets