Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : ₹0.96 B

According to Polar Power 's latest financial reports the company has ₹0.96 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polar Power - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹1.50 B	-13.17%
2021-12-31	$₹1.73 B	106.52%
2020-12-31	$₹0.83 B	-35.86%
2019-12-31	$₹1.30 B	-15.99%
2018-12-31	$₹1.55 B	6.46%
2017-12-31	$₹1.46 B	-9.02%
2016-12-31	$₹1.60 B	973.01%
2015-12-31	$₹0.14 B	96.3%
2014-12-31	$₹76.3 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	₹22.47 B	2,219.36%	🇺🇸 USA
Polar Power POLA	₹0.96 B	0.00%	🇺🇸 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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Polar Power (POLA) - Net assets

Net assets on the balance sheet as of June 2024 : ₹0.96 B