Maxeon Solar Technologies (MAXN)

Net assets on the balance sheet as of June 2024 : -£17.36 Million

According to Maxeon Solar Technologies's latest financial reports the company has -£17.36 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Maxeon Solar Technologies - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$£39.73 M	-84.89%
2021-12-31	$£0.26 B	-18.42%
2020-12-31	$£0.32 B	14.99%
2019-12-31	$£0.28 B	-18.28%
2018-12-31	$£0.34 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	£1.12 B	-6,580.65%	🇺🇸 USA
Power Integrations POWI	£0.59 B	-3,535.18%	🇺🇸 USA
PDF Solutions PDFS	£0.19 B	-1,202.54%	🇺🇸 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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Maxeon Solar Technologies (MAXN) - Net assets

Net assets on the balance sheet as of June 2024 : -£17.36 Million