Polestar (PSNY) - Net Assets

Net assets on the balance sheet as of June 2024 : S$2.44 Billion

According to Polestar's latest financial reports the company has S$2.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polestar - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$1.67 Billion	1310.11%
2022-12-31	$-S$0.12 Billion	-171.39%
2021-12-31	$S$0.16 B	-78.44%
2020-12-31	$S$0.76 B

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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Polestar (PSNY) - Net assets