Fisker (FSR) - Net Assets

Net assets on the balance sheet as of December 2023 : -₹8.28 Billion

According to Fisker's latest financial reports the company has -₹8.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Fisker - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹39.76 B	-33.23%
2021-12-31	$₹59.54 B	-10.24%
2020-12-31	$₹66.34 B	-15293.86%
2019-12-31	$-₹0.44 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	₹21.32 B	-357.60%	🇺🇸 USA
Nikola NKLA	₹32.01 B	-486.66%	🇺🇸 USA
NIO NIO	₹240.68 B	-3,006.99%	🇨🇳 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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Fisker (FSR) - Net assets

Net assets on the balance sheet as of December 2023 : -₹8.28 Billion