Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : NZ$19.93 Million

According to Arcimoto's latest financial reports the company has NZ$19.93 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$49.4 M	-36.98%
2021-12-31	$NZ$78.39 M	18.63%
2020-12-31	$NZ$66.08 M	484.85%
2019-12-31	$NZ$11.29 M	-6.04%
2018-12-31	$NZ$12.02 M	-45.88%
2017-12-31	$NZ$22.22 M	-2558.74%
2016-12-31	$-NZ$0.91 Million	-179.59%
2015-12-31	$NZ$1.13 M	-334.91%
2014-12-31	$-NZ$0.49 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	NZ$0.43 B	2,104.60%	🇺🇸 USA
Nikola NKLA	NZ$0.65 B	3,209.10%	🇺🇸 USA
NIO NIO	NZ$3.98 B	19,902.53%	🇨🇳 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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : NZ$19.93 Million