Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -C$15.5 Million

According to Taiga Motors's latest financial reports the company has -C$15.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.82 Million	-101.23%
2022-12-31	$C$66.24 M	-45.94%
2021-12-31	$C$0.12 B	-205.91%
2020-12-31	$-C$0.12 Billion
2020-05-31	$-C$8.71 Million	134.82%
2019-05-31	$-C$3.71 Million	80.66%
2018-05-31	$-C$2.06 Million	2173.32%
2017-05-31	$-C$0.1 Million

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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Taiga Motors (TAIG.TO) - Net assets