Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : S$15.5 Million

According to Polar Power 's latest financial reports the company has S$15.5 Million 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	$S$24.37 M	-22.46%
2021-12-31	$S$31.43 M	106.76%
2020-12-31	$S$15.2 M	-38.64%
2019-12-31	$S$24.77 M	-18.98%
2018-12-31	$S$30.57 M	-0.18%
2017-12-31	$S$30.63 M	-10.51%
2016-12-31	$S$34.23 M	973.48%
2015-12-31	$S$3.18 M	100.15%
2014-12-31	$S$1.59 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	S$0.35 B	2,219.36%	🇺🇸 USA
Polar Power POLA	S$15.5 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 : S$15.5 Million