XOS (XOS) - Net Assets

Net assets on the balance sheet as of December 2024 : C$47.86 Million

According to XOS's latest financial reports the company has C$47.86 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$59.94 M	-60.58%
2022-12-31	$C$0.15 B	-31.57%
2021-12-31	$C$0.22 B	-740.9%
2020-12-31	$-C$34.68 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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XOS (XOS) - Net assets