Electra Meccanica (SOLO) - Net assets

Net assets on the balance sheet as of December 2023 : €67.61 Million

According to Electra Meccanica's latest financial reports the company has €67.61 Million 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	$€66.09 M	-44.32%
2022-12-31	$€0.11 B	-45.28%
2021-12-31	$€0.21 B	117.51%
2020-12-31	$€99.74 M	897.5%
2019-12-31	$€9.99 M	-7.35%
2018-12-31	$€10.79 M	262.51%
2017-12-31	$€2.97 M	44.74%
2016-12-31	$€2.05 M	-3347.83%
2015-12-31	$-€0.07 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	€0.23 B	240.93%	🇺🇸 USA
Nikola NKLA	€0.48 B	616.59%	🇺🇸 USA
NIO NIO	€2.63 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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