Lordstown Motors (RIDE)

Total assets on the balance sheet as of June 2023 : NZ$0.28 Billion

According to Lordstown Motors's latest financial reports the company's total assets are NZ$0.28 Billion. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Lordstown Motors - Total assets on balance sheet (from 2020 to 2023)

Total assets by year

Year	Total assets	Change
2022-12-31	NZ$0.71 B	-29.35%
2021-12-31	NZ$1.00 B	-5.16%
2020-12-31	NZ$1.06 B	2034.72%
2019-12-31	NZ$49.81 M

Total Assets for similar companies or competitors

Company	Total assets	differencediff.	Country
Workhorse Group WKHS	NZ$0.17 B	-37.82%	🇺🇸 USA
Lordstown Motors RIDE	NZ$0.28 B	0.00%	🇺🇸 USA
Federal Signal FSS	NZ$3.06 B	962.95%	🇺🇸 USA

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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Lordstown Motors (RIDE) - Total assets

Total assets on the balance sheet as of June 2023 : NZ$0.28 Billion