Canoo (GOEV) - Net Assets

Net assets on the balance sheet as of March 2024 : HK$1.43 B

According to Canoo's latest financial reports the company has HK$1.43 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$1.84 B	-31.09%
2021-12-31	$HK$2.68 B	-38.8%
2020-12-31	$HK$4.38 B	-1107.17%
2019-12-31	$-HK$0.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	HK$1.94 B	35.18%	🇺🇸 USA
Nikola NKLA	HK$4.08 B	184.14%	🇺🇸 USA
NIO NIO	HK$26.68 B	1,757.62%	🇨🇳 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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Canoo (GOEV) - Net assets

Net assets on the balance sheet as of March 2024 : HK$1.43 B