Canoo (GOEV) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.38 Billion

According to Canoo's latest financial reports the company has NZ$0.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.39 B	5.91%
2022-12-31	$NZ$0.37 B	-26.01%
2021-12-31	$NZ$0.50 B	-35.71%
2020-12-31	$NZ$0.78 B	-1044.35%
2019-12-31	$-NZ$82.96 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	NZ$0.42 B	11.43%	🇺🇸 USA
Nikola NKLA	NZ$0.65 B	70.86%	🇺🇸 USA
NIO NIO	NZ$1.59 B	316.09%	🇨🇳 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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Canoo (GOEV) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.38 Billion