Taiga Motors (TAIG.TO)

Net assets on the balance sheet as of March 2024 : -$11.09 Million USD

According to Taiga Motors's latest financial reports the company has -$11.09 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-$0.62 Million	-101.25%
2022-12-31	$$48.82 M	-49.23%
2021-12-31	$$96.15 M	-205.96%
2020-12-31	$-$90.76 Million
2020-05-31	$-$6.32 Million	130.62%
2019-05-31	$-$2.74 Million	72.22%
2018-05-31	$-$1.6 Million	2275.08%
2017-05-31	$-$0.07 Million

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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Taiga Motors (TAIG.TO) - Net assets