Electra Meccanica (SOLO) - Net assets

Net assets on the balance sheet as of December 2023 : C$0.10 Billion

According to Electra Meccanica's latest financial reports the company has C$0.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Electra Meccanica - Net assets on balance sheet (from 2016 to 2020)

Net assets by year

Year	Net assets	Change
2019-12-31	$C$14.62 M	-13.01%
2018-12-31	$C$16.81 M	274.24%
2017-12-31	$C$4.49 M	54.62%
2016-12-31	$C$2.9 M	-3125.76%
2015-12-31	$-C$0.1 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	C$0.34 B	240.93%	🇺🇸 USA
Nikola NKLA	C$0.72 B	616.59%	🇺🇸 USA
NIO NIO	C$3.94 B	3,802.47%	🇨🇳 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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