Electra Meccanica (SOLO) - Net assets

Net assets on the balance sheet as of December 2023 : S$98.35 Million

According to Electra Meccanica's latest financial reports the company has S$98.35 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Electra Meccanica - Net assets on balance sheet (from 2020 to 2020)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$96.49 M	-43.47%
2022-12-31	$S$0.17 B	-48.61%
2021-12-31	$S$0.33 B	104.65%
2020-12-31	$S$0.16 B	974.73%
2019-12-31	$S$15.1 M	-10.47%
2018-12-31	$S$16.86 M	253.04%
2017-12-31	$S$4.77 M	52.58%
2016-12-31	$S$3.13 M	-3296.8%
2015-12-31	$-S$0.1 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	S$0.34 B	245.82%	🇺🇸 USA
Nikola NKLA	S$0.51 B	419.07%	🇺🇸 USA
NIO NIO	S$3.83 B	3,802.47%	🇨🇳 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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