Electra Meccanica (SOLO) - Total debt

Total debt on the balance sheet as of December 2023 : A$24.72 Million

According to Electra Meccanica's latest financial reports the company's total debt is A$24.72 Million. A company’s total debt is the sum of all current and non-current debts.

Electra Meccanica - Total debt on balance sheet (from 2020 to 2020)

Total debt by year

Year	Total debt	Change
2023-12-31	A$24.24 M	-10.02%
2022-12-31	A$26.94 M	935.23%
2021-12-31	A$2.6 M	86.07%
2020-12-31	A$1.39 M	13.13%
2019-12-31	A$1.23 M	25845.47%
2018-12-31	A$0 M	-99.64%
2017-12-31	A$1.32 M	606.66%
2016-12-31	A$0.18 M	41.92%
2015-12-31	A$0.13 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	A$0.19 B	684.04%	🇺🇸 USA
Nikola NKLA	A$0.43 B	1,646.06%	🇺🇸 USA
NIO NIO	A$6.82 B	27,493.62%	🇨🇳 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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