Sono (SEV) - Net assets

Net assets on the balance sheet as of September 2022 : C$40.54 Million

According to Sono's latest financial reports the company has C$40.54 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sono - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$C$0.12 B	-1627.81%
2020-12-31	$-C$7.89 Million	-70.98%
2019-12-31	$-C$27.17 Million	26.45%
2018-12-31	$-C$21.49 Million

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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