Electra Meccanica (SOLO) - Total debt

Total debt on the balance sheet as of December 2023 : ₹1.39 Billion

According to Electra Meccanica's latest financial reports the company's total debt is ₹1.39 Billion. A company’s total debt is the sum of all current and non-current debts.

Electra Meccanica - Total debt on balance sheet (from 2020 to 2020)

Total debt by year

Year	Total debt	Change
2023-12-31	₹1.37 B	-9.37%
2022-12-31	₹1.51 B	980.32%
2021-12-31	₹0.14 B	78.55%
2020-12-31	₹78.67 M	27.42%
2019-12-31	₹61.74 M	26197.91%
2018-12-31	₹0.23 M	-99.64%
2017-12-31	₹65.94 M	619.14%
2016-12-31	₹9.17 M	43.59%
2015-12-31	₹6.38 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	₹15.55 B	1,015.71%	🇺🇸 USA
Nikola NKLA	₹29.77 B	2,035.53%	🇺🇸 USA
NIO NIO	₹384.79 B	27,493.62%	🇨🇳 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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