Phoenix Motor (PEV) - Total debt

Total debt on the balance sheet as of December 2024 : C$6.53 Million

According to Phoenix Motor's latest financial reports the company's total debt is C$6.53 Million. A company’s total debt is the sum of all current and non-current debts.

Phoenix Motor - Total debt on balance sheet (from 2021 to 2024)

Total debt by year

Year	Total debt	Change
2023-12-31	C$9.24 M	66.39%
2022-12-31	C$5.55 M	469.07%
2021-12-31	C$0.97 M	273.47%
2020-12-31	C$0.26 M

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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