Lordstown Motors (RIDE)

Total assets on the balance sheet as of June 2023 : C$0.22 Billion

According to Lordstown Motors's latest financial reports the company's total assets are C$0.22 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Lordstown Motors - Total assets on balance sheet (from 2020 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	C$0.61 B	-30.08%
2021-12-31	C$0.87 B	-10.27%
2020-12-31	C$0.97 B	2132.8%
2019-12-31	C$43.81 M

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Workhorse Group WKHS	C$0.14 B	-35.39%	🇺🇸 USA
Lordstown Motors RIDE	C$0.22 B	0.00%	🇺🇸 USA
Federal Signal FSS	C$2.41 B	962.95%	🇺🇸 USA

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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Lordstown Motors (RIDE) - Total assets

Total assets on the balance sheet as of June 2023 : C$0.22 Billion