Sonder Holdings (SOND)

Net assets on the balance sheet as of December 2023 : -C$0.53 Billion

According to Sonder Holdings's latest financial reports the company has -C$0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sonder Holdings - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$27.07 Million	-97.22%
2021-12-31	$-C$0.98 Billion	52.54%
2020-12-31	$-C$0.64 Billion	89.03%
2019-12-31	$-C$0.34 Billion

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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Sonder Holdings (SOND) - Net assets