Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -£8.58 Million

According to Taiga Motors's latest financial reports the company has -£8.58 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	$-£0.49 Million	-101.19%
2022-12-31	$£40.35 M	-43.35%
2021-12-31	$£71.23 M	-207%
2020-12-31	$-£66.58 Million
2020-05-31	$-£5.12 Million	135.59%
2019-05-31	$-£2.18 Million	81.42%
2018-05-31	$-£1.2 Million	2190.23%
2017-05-31	$-£0.06 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