NWTN Inc. (NWTN) - Net Assets

Net assets on the balance sheet as of June 2023 : A$0.35 Billion

According to NWTN Inc.'s latest financial reports the company has A$0.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NWTN Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.40 B	-634.2%
2021-12-31	$-A$76.54 Million	-71.71%
2020-12-31	$-A$0.28 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	A$118.22 B	33,376.61%	🇺🇸 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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NWTN Inc. (NWTN) - Net assets

Net assets on the balance sheet as of June 2023 : A$0.35 Billion