Electra Meccanica (SOLO) - Net assets

Net assets on the balance sheet as of December 2023 : $73.06 Million USD

According to Electra Meccanica's latest financial reports the company has $73.06 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Electra Meccanica - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2023-12-31	$$73.06 M	-42.62%
2022-12-31	$$0.12 B	-48.18%
2021-12-31	$$0.24 B	100.27%
2020-12-31	$$0.12 B	995.23%
2019-12-31	$$11.2 M	-9.27%
2018-12-31	$$12.34 M	245.63%
2017-12-31	$$3.57 M	65.1%
2016-12-31	$$2.16 M	-3224.42%
2015-12-31	$-$0.07 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	$0.25 B	245.82%	🇺🇸 USA
Nikola NKLA	$0.37 B	419.07%	🇺🇸 USA
NIO NIO	$2.85 B	3,802.47%	🇨🇳 China

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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