Ola Electric Mobility (OLAELEC.NS)

Net assets on the balance sheet as of June 2023 : HK$2.00 Billion

According to Ola Electric Mobility's latest financial reports the company has HK$2.00 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ola Electric Mobility - Net assets on balance sheet (from 2023 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$2.25 B	-40.39%
2022-03-31	$HK$3.77 B	81.16%
2021-03-31	$HK$2.08 B

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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Ola Electric Mobility (OLAELEC.NS) - Net assets