Polar Power (POLA) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$19.31 Million

According to Polar Power 's latest financial reports the company has NZ$19.31 Million 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	$NZ$28.63 M	-15.87%
2021-12-31	$NZ$34.03 M	113.74%
2020-12-31	$NZ$15.92 M	-41.63%
2019-12-31	$NZ$27.28 M	-18.23%
2018-12-31	$NZ$33.36 M	3.47%
2017-12-31	$NZ$32.24 M	-5.56%
2016-12-31	$NZ$34.14 M	936.65%
2015-12-31	$NZ$3.29 M	114.03%
2014-12-31	$NZ$1.53 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Hyliion HYLN	NZ$0.44 B	2,219.36%	🇺🇸 USA
Polar Power POLA	NZ$19.31 M	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 : NZ$19.31 Million