Canoo (GOEV) - Net Assets

Net assets on the balance sheet as of June 2024 : S$0.26 Billion

According to Canoo's latest financial reports the company has S$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.31 B	-31.8%
2021-12-31	$S$0.46 B	-37.81%
2020-12-31	$S$0.74 B	-1092.8%
2019-12-31	$-S$75.33 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	S$0.33 B	28.71%	🇺🇸 USA
Nikola NKLA	S$0.50 B	93.20%	🇺🇸 USA
NIO NIO	S$3.81 B	1,352.51%	🇨🇳 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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Canoo (GOEV) - Net assets

Net assets on the balance sheet as of June 2024 : S$0.26 Billion