Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : A$17.78 Million

According to Polar Power 's latest financial reports the company has A$17.78 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	$A$26.71 M	-16.69%
2021-12-31	$A$32.06 M	114.6%
2020-12-31	$A$14.94 M	-43.06%
2019-12-31	$A$26.24 M	-17.39%
2018-12-31	$A$31.77 M	8.3%
2017-12-31	$A$29.33 M	-10.59%
2016-12-31	$A$32.81 M	960.34%
2015-12-31	$A$3.09 M	110.03%
2014-12-31	$A$1.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	A$0.41 B	2,219.36%	🇺🇸 USA
Polar Power POLA	A$17.78 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 : A$17.78 Million