Arcimoto (FUV) - Net Assets

Net assets on the balance sheet as of September 2023 : S$15.42 Million

According to Arcimoto's latest financial reports the company has S$15.42 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arcimoto - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$42.04 M	-41.91%
2021-12-31	$S$72.39 M	14.76%
2020-12-31	$S$63.08 M	514.86%
2019-12-31	$S$10.25 M	-6.91%
2018-12-31	$S$11.02 M	-47.79%
2017-12-31	$S$21.1 M	-2429.66%
2016-12-31	$-S$0.91 Million	-182.42%
2015-12-31	$S$1.09 M	-319.67%
2014-12-31	$-S$0.51 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	S$0.34 B	2,104.60%	🇺🇸 USA
Nikola NKLA	S$0.51 B	3,209.10%	🇺🇸 USA
NIO NIO	S$3.83 B	24,778.32%	🇨🇳 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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Arcimoto (FUV) - Net assets

Net assets on the balance sheet as of September 2023 : S$15.42 Million