Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of September 2024 : £9.1 Million

According to Polar Power 's latest financial reports the company has £9.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polar Power - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£15.02 M	-12.75%
2021-12-31	$£17.22 M	104.32%
2020-12-31	$£8.43 M	-39.84%
2019-12-31	$£14.01 M	-20.52%
2018-12-31	$£17.63 M	4.05%
2017-12-31	$£16.94 M	-11.59%
2016-12-31	$£19.16 M	1160.06%
2015-12-31	$£1.52 M	96.42%
2014-12-31	$£0.77 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	£0.20 B	2,129.29%	🇺🇸 USA
Polar Power POLA	£9.1 M	0.00%	🇺🇸 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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Polar Power (POLA) - Net assets

Net assets on the balance sheet as of September 2024 : £9.1 Million