Electra Meccanica (SOLO) - Total debt

Total debt on the balance sheet as of December 2023 : C$22.75 Million

According to Electra Meccanica's latest financial reports the company's total debt is C$22.75 Million. A company’s total debt is the sum of all current and non-current debts.

Electra Meccanica - Total debt on balance sheet (from 2016 to 2020)

Total debt by year

Year	Total debt	Change
2019-12-31	C$1.13 M	24623.16%
2018-12-31	C$0 M	-99.65%
2017-12-31	C$1.29 M	616.75%
2016-12-31	C$0.18 M	35.99%
2015-12-31	C$0.13 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	C$0.26 B	1,062.53%	🇺🇸 USA
Nikola NKLA	C$0.48 B	2,035.53%	🇺🇸 USA
NIO NIO	C$5.34 B	23,400.47%	🇨🇳 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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