Electra Meccanica (SOLO) - Total liabilities

Total liabilities on the balance sheet as of December 2023 : C$29.09 Million

According to Electra Meccanica's latest financial reports the company's total liabilities are C$29.09 Million. A company’s total liabilities is the sum of all current and non-current debts and obligations.

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

Total liabilities by year

Year	Total liabilities	Change
2019-12-31	C$8.73 M	80.93%
2018-12-31	C$4.82 M	-13.41%
2017-12-31	C$5.57 M	750.36%
2016-12-31	C$0.65 M	162.62%
2015-12-31	C$0.24 M

Total liabilities for similar companies or competitors

Company	Total liabilities	differencediff.	Country
The Shyft Group SHYF	C$0.34 B	1,080.54%	🇺🇸 USA
Nikola NKLA	C$0.81 B	2,685.84%	🇺🇸 USA
NIO NIO	C$15.18 B	52,080.50%	🇨🇳 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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