Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -A$16.63 M

According to Taiga Motors's latest financial reports the company has -A$16.63 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Taiga Motors - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.9 M	-101.25%
2022-12-31	$A$71.74 M	-46.13%
2021-12-31	$A$0.13 B	-213.09%
2020-12-31	$-A$0.12 B
2020-05-31	$-A$9.48 M	139.66%
2019-05-31	$-A$3.96 M	89.13%
2018-05-31	$-A$2.1 M	2228.61%
2017-05-31	$-A$0.09 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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Taiga Motors (TAIG.TO) - Net assets