Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -£8.45 M

According to Taiga Motors's latest financial reports the company has -£8.45 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Taiga Motors - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-£0.49 M	-101.19%
2022-12-31	$£40.35 M	-43.6%
2021-12-31	$£71.54 M	-207.64%
2020-12-31	$-£66.47 M
2020-05-31	$-£5.12 M	135.87%
2019-05-31	$-£2.18 M	82.21%
2018-05-31	$-£1.2 M	2199.19%
2017-05-31	$-£0.06 M

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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Taiga Motors (TAIG.TO) - Net assets