Lordstown Motors (RIDE)

Total assets on the balance sheet as of June 2023 : A$0.26 Billion

According to Lordstown Motors's latest financial reports the company's total assets are A$0.26 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Lordstown Motors - Total assets on balance sheet (from 2020 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	A$0.66 B	-30.04%
2021-12-31	A$0.95 B	-4.78%
2020-12-31	A$0.99 B	1982.46%
2019-12-31	A$47.91 M

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Workhorse Group WKHS	A$0.16 B	-37.82%	🇺🇸 USA
Lordstown Motors RIDE	A$0.26 B	0.00%	🇺🇸 USA
Federal Signal FSS	A$2.77 B	962.95%	🇺🇸 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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Lordstown Motors (RIDE) - Total assets

Total assets on the balance sheet as of June 2023 : A$0.26 Billion