CarLotz (LOTZ) - Net assets

Net assets on the balance sheet as of September 2022 : HK$1.03 Billion

According to CarLotz's latest financial reports the company has HK$1.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CarLotz - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$HK$1.66 B	-1722.43%
2020-12-31	$-HK$0.11 Billion	-104.38%
2019-12-31	$HK$2.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	HK$0.38 B	-63.36%	🇨🇳 China
CarLotz LOTZ	HK$1.03 B	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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