Lotus Technology (LOT)

Net assets on the balance sheet as of September 2024 : -C$0.53 Billion

According to Lotus Technology's latest financial reports the company has -C$0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lotus Technology - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$1.61 Billion	161.23%
2022-12-31	$-C$0.62 Billion	-346.95%
2021-12-31	$C$0.24 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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Lotus Technology (LOT) - Net assets