Canoo (GOEV) - Net Assets

Net assets on the balance sheet as of June 2024 : A$0.29 B

According to Canoo's latest financial reports the company has A$0.29 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.34 B	-26.52%
2021-12-31	$A$0.47 B	-35.5%
2020-12-31	$A$0.73 B	-1022.98%
2019-12-31	$-A$79.48 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	A$0.37 B	26.89%	🇺🇸 USA
Nikola NKLA	A$0.78 B	166.71%	🇺🇸 USA
NIO NIO	A$4.27 B	1,352.51%	🇨🇳 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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Canoo (GOEV) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.29 B