Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -HK$86.4 M

According to Taiga Motors's latest financial reports the company has -HK$86.4 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	$-HK$4.79 M	-101.25%
2022-12-31	$HK$0.38 B	-49.48%
2021-12-31	$HK$0.75 B	-207.32%
2020-12-31	$-HK$0.71 B
2020-05-31	$-HK$48.98 M	127.9%
2019-05-31	$-HK$21.5 M	73.12%
2018-05-31	$-HK$12.42 M	2285.58%
2017-05-31	$-HK$0.53 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