Canoo (GOEV) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹18.92 Billion

According to Canoo's latest financial reports the company has ₹18.92 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$₹19.57 B	-23.54%
2021-12-31	$₹25.60 B	-38.06%
2020-12-31	$₹41.33 B	-1137.61%
2019-12-31	$-₹3.99 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	₹21.54 B	13.83%	🇺🇸 USA
Nikola NKLA	₹32.34 B	70.86%	🇺🇸 USA
NIO NIO	₹195.49 B	932.82%	🇨🇳 China

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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Canoo (GOEV) - Net assets

Net assets on the balance sheet as of September 2024 : ₹18.92 Billion