CarLotz (LOTZ) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$0.22 Billion

According to CarLotz's latest financial reports the company has NZ$0.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CarLotz - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$NZ$0.31 B	-1803.9%
2020-12-31	$-NZ$18.35 Million	-104.11%
2019-12-31	$NZ$0.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	NZ$83.6 M	-63.36%	🇨🇳 China
CarLotz LOTZ	NZ$0.22 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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