NWTN Inc. (NWTN) - Net Assets

Net assets on the balance sheet as of June 2023 : NZ$0.38 Billion

According to NWTN Inc.'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.

NWTN Inc. - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.43 B	-639.45%
2021-12-31	$-NZ$81.24 Million	-71.82%
2020-12-31	$-NZ$0.29 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Tesla TSLA	NZ$129.04 B	33,376.61%	🇺🇸 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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NWTN Inc. (NWTN) - Net assets

Net assets on the balance sheet as of June 2023 : NZ$0.38 Billion