E INC (E Automotive) (EINC.TO) - Net assets

Net assets on the balance sheet as of December 2022 : A$0.16 Billion

According to E INC (E Automotive)'s latest financial reports the company has A$0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

E INC (E Automotive) - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.16 B	-20.75%
2021-12-31	$A$0.20 B	336.69%
2020-12-31	$A$47.13 M	156.55%
2019-12-31	$A$18.37 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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