XOS (XOS) - Net Assets

Net assets on the balance sheet as of June 2024 : $59.22 Million USD

According to XOS's latest financial reports the company has $59.22 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.11 B	-35.73%
2021-12-31	$$0.17 B	-741.22%
2020-12-31	$-$27.2 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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XOS (XOS) - Net assets