Xos, Inc. (XOS) - Net Assets

Net assets on the balance sheet as of June 2026 : NZ$40.55 Million

According to Xos, Inc.'s latest financial reports the company has NZ$40.55 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Xos, Inc. - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$0.17 B	-30.86%
2021-12-31	$NZ$0.25 B	-777.36%
2020-12-31	$-NZ$37.7 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, Inc. (XOS) - Net assets