Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of September 2024 : €11.15 Million

According to Polar Power 's latest financial reports the company has €11.15 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	$€16.94 M	-17.44%
2021-12-31	$€20.52 M	119.75%
2020-12-31	$€9.34 M	-43.05%
2019-12-31	$€16.4 M	-16.16%
2018-12-31	$€19.56 M	2.5%
2017-12-31	$€19.08 M	-15.11%
2016-12-31	$€22.48 M	990.62%
2015-12-31	$€2.06 M	107.96%
2014-12-31	$€0.99 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	€0.24 B	2,129.29%	🇺🇸 USA
Polar Power POLA	€11.15 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 September 2024 : €11.15 Million