Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : C$15.66 M

According to Polar Power 's latest financial reports the company has C$15.66 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polar Power - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$24.67 M	-16.16%
2021-12-31	$C$29.42 M	100.8%
2020-12-31	$C$14.65 M	-38.49%
2019-12-31	$C$23.82 M	-21.98%
2018-12-31	$C$30.53 M	6.04%
2017-12-31	$C$28.79 M	-9.41%
2016-12-31	$C$31.78 M	915.3%
2015-12-31	$C$3.13 M	123.85%
2014-12-31	$C$1.39 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	C$0.36 B	2,219.36%	🇺🇸 USA
Polar Power POLA	C$15.66 M	0.00%	🇺🇸 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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Polar Power (POLA) - Net assets

Net assets on the balance sheet as of June 2024 : C$15.66 M