EVgo (EVGO) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹39.72 Billion

According to EVgo's latest financial reports the company has ₹39.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$₹44.98 B	5.13%
2022-12-31	$₹42.79 B	-2.21%
2021-12-31	$₹43.75 B	568.64%
2020-12-31	$₹6.54 B	537.63%
2019-12-31	$₹1.02 B

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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EVgo (EVGO) - Net assets