XOS (XOS) - Net Assets

Net assets on the balance sheet as of September 2024 : A$80.78 Million

According to XOS's latest financial reports the company has A$80.78 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$66.33 M	-59.72%
2022-12-31	$A$0.16 B	-31.53%
2021-12-31	$A$0.24 B	-780.09%
2020-12-31	$-A$35.37 Million

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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XOS (XOS) - Net assets