Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -₹0.95 Billion

According to Taiga Motors's latest financial reports the company has -₹0.95 Billion 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	$-₹51 Million	-101.26%
2022-12-31	$₹4.04 B	-43.55%
2021-12-31	$₹7.15 B	-207.84%
2020-12-31	$-₹6.64 Billion
2020-05-31	$-₹0.48 Billion	148.88%
2019-05-31	$-₹0.2 Billion	78.73%
2018-05-31	$-₹0.11 Billion	2378.41%
2017-05-31	$-₹4.33 Million

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