Hyliion (HYLN) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$2.00 Billion

According to Hyliion's latest financial reports the company has HK$2.00 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hyliion - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$2.39 B	-27.72%
2022-12-31	$HK$3.30 B	-23.38%
2021-12-31	$HK$4.31 B	-12.97%
2020-12-31	$HK$4.96 B	-3626.57%
2019-12-31	$-HK$0.15 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	HK$2.00 B	0.00%	🇺🇸 USA
Polar Power POLA	HK$89.83 M	-95.51%	🇺🇸 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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Hyliion (HYLN) - Net assets

Net assets on the balance sheet as of September 2024 : HK$2.00 Billion