Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$18.66 M

According to Polar Power 's latest financial reports the company has NZ$18.66 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polar Power - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$28.63 M	-15.65%
2021-12-31	$NZ$33.94 M	112.48%
2020-12-31	$NZ$15.97 M	-41.35%
2019-12-31	$NZ$27.24 M	-18.32%
2018-12-31	$NZ$33.35 M	3.42%
2017-12-31	$NZ$32.24 M	-5.56%
2016-12-31	$NZ$34.14 M	935.48%
2015-12-31	$NZ$3.29 M	114.53%
2014-12-31	$NZ$1.53 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	NZ$0.43 B	2,219.36%	🇺🇸 USA
Polar Power POLA	NZ$18.66 M	0.00%	🇺🇸 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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Polar Power (POLA) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$18.66 M