CarLotz (LOTZ) - Net assets

Net assets on the balance sheet as of September 2022 : ₹12.01 Billion

According to CarLotz's latest financial reports the company has ₹12.01 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CarLotz - Net assets on balance sheet (from 2020 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$₹15.89 B	-1741.6%
2020-12-31	$-₹0.97 Billion	-104.51%
2019-12-31	$₹21.44 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Kaixin Auto KXIN	₹0.99 B	-91.70%	🇨🇳 China
CarLotz LOTZ	₹12.01 B	0.00%	🇺🇸 USA

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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