REE Automotive (REE)

Net assets on the balance sheet as of September 2024 : €50.75 Million

According to REE Automotive's latest financial reports the company has €50.75 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$€70.62 M	-56.81%
2022-12-31	$€0.16 B	-26.04%
2021-12-31	$€0.22 B	494.04%
2020-12-31	$€37.22 M

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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REE Automotive (REE) - Net assets