Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : C$16.11 Million

According to Polar Power 's latest financial reports the company has C$16.11 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	$C$24.67 M	-16.74%
2021-12-31	$C$29.63 M	102.23%
2020-12-31	$C$14.65 M	-38.95%
2019-12-31	$C$24 M	-21.28%
2018-12-31	$C$30.48 M	5.88%
2017-12-31	$C$28.79 M	-9.41%
2016-12-31	$C$31.78 M	916.39%
2015-12-31	$C$3.12 M	123.49%
2014-12-31	$C$1.39 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	C$0.37 B	2,219.36%	🇺🇸 USA
Polar Power POLA	C$16.11 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 : C$16.11 Million