NWTN Inc. (NWTN) - Net Assets

Net assets on the balance sheet as of June 2023 : C$0.31 Billion

According to NWTN Inc.'s latest financial reports the company has C$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

NWTN Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.37 B	-633.89%
2021-12-31	$-C$70.72 Million	-73.34%
2020-12-31	$-C$0.27 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	C$101.59 B	32,027.18%	🇺🇸 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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NWTN Inc. (NWTN) - Net assets

Net assets on the balance sheet as of June 2023 : C$0.31 Billion