Ola Electric Mobility (OLAELEC.NS)

Net assets on the balance sheet as of September 2024 : S$1.06 Billion

According to Ola Electric Mobility's latest financial reports the company has S$1.06 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ola Electric Mobility - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.38 B	-41.64%
2022-03-31	$S$0.65 B	80.7%
2021-03-31	$S$0.36 B

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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Ola Electric Mobility (OLAELEC.NS) - Net assets