Faraday Future (FFIE)

Net assets on the balance sheet as of June 2024 : ₹12.54 Billion

According to Faraday Future's latest financial reports the company has ₹12.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$₹16.63 B	-60.64%
2021-12-31	$₹42.25 B	-199.72%
2020-12-31	$-₹42.37 Billion

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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Faraday Future (FFIE) - Net assets