Electra Meccanica (SOLO) - Total debt

Total debt on the balance sheet as of December 2023 : NZ$28.3 Million

According to Electra Meccanica's latest financial reports the company's total debt is NZ$28.3 Million. A company’s total debt is the sum of all current and non-current debts.

Electra Meccanica - Total debt on balance sheet (from 2020 to 2020)

Total debt by year

Year	Total debt	Change
2023-12-31	NZ$26.12 M	-9.55%
2022-12-31	NZ$28.88 M	945.4%
2021-12-31	NZ$2.76 M	85.32%
2020-12-31	NZ$1.49 M	15.97%
2019-12-31	NZ$1.28 M	25582.26%
2018-12-31	NZ$0 M	-99.66%
2017-12-31	NZ$1.45 M	646.49%
2016-12-31	NZ$0.19 M	38.75%
2015-12-31	NZ$0.14 M

Total debt for similar companies or competitors

Company	Total debt/th>	differencediff.	Country
The Shyft Group SHYF	NZ$0.31 B	1,015.71%	🇺🇸 USA
Nikola NKLA	NZ$0.60 B	2,035.53%	🇺🇸 USA
NIO NIO	NZ$7.80 B	27,493.62%	🇨🇳 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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