Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -NZ$19.61 Million

According to Taiga Motors's latest financial reports the company has -NZ$19.61 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.97 Million	-101.26%
2022-12-31	$NZ$76.89 M	-45.38%
2021-12-31	$NZ$0.14 B	-211.93%
2020-12-31	$-NZ$0.13 Billion
2020-05-31	$-NZ$10.19 Million	141.89%
2019-05-31	$-NZ$4.22 Million	84.87%
2018-05-31	$-NZ$2.28 Million	2309.7%
2017-05-31	$-NZ$0.1 Million

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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Taiga Motors (TAIG.TO) - Net assets