Lordstown Motors (RIDE)

Total assets on the balance sheet as of June 2023 : £0.13 Billion

According to Lordstown Motors's latest financial reports the company's total assets are £0.13 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Lordstown Motors - Total assets on balance sheet (from 2020 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	£0.37 B	-26.73%
2021-12-31	£0.51 B	-9.34%
2020-12-31	£0.56 B	2100.21%
2019-12-31	£25.58 M

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Workhorse Group WKHS	£81.14 M	-37.82%	🇺🇸 USA
Lordstown Motors RIDE	£0.13 B	0.00%	🇺🇸 USA
Federal Signal FSS	£1.38 B	962.95%	🇺🇸 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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Lordstown Motors (RIDE) - Total assets

Total assets on the balance sheet as of June 2023 : £0.13 Billion