Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : $11.46 Million USD

According to Arcimoto's latest financial reports the company has $11.46 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$31.36 M	-41.42%
2021-12-31	$$53.54 M	12.3%
2020-12-31	$$47.68 M	526.59%
2019-12-31	$$7.61 M	-5.67%
2018-12-31	$$8.06 M	-48.88%
2017-12-31	$$15.78 M	-2620.91%
2016-12-31	$-$0.63 Million	-180.56%
2015-12-31	$$0.77 M	-305.2%
2014-12-31	$-$0.38 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	$0.25 B	2,104.60%	🇺🇸 USA
Nikola NKLA	$0.37 B	3,209.10%	🇺🇸 USA
NIO NIO	$2.29 B	19,902.53%	🇨🇳 China

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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : $11.46 Million USD