Forza X1 Inc (FRZA) — Net Asset Momentum
Forza X1 Inc (FRZA) recorded a net asset momentum of 16.9% as of December 2023, with net assets of $16.02 Million USD. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. Check Forza X1 Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
YoY Momentum
Current Net Assets
Years of Data
Country
Forza X1 Inc Net Asset Momentum (2020–2023)
This chart tracks Forza X1 Inc's year-over-year net asset growth across 4 annual reporting periods from 2020 to 2023. The most recent momentum reading is +16.9%, with net assets of $16.02 Million USD as of December 2023. Read FRZA current and long-term liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Forza X1 Inc (2020–2023)
The table below shows the complete annual net asset history for Forza X1 Inc from 2020 to 2023, covering 4 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see FRZA company net worth.
| Year | Net Assets (USD) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2023 | $16.02 Million | $16.92 Million | $901.31K | ▲ +16.9% |
| 2022 | $13.70 Million | $14.22 Million | $521.72K | ▲ +788.2% |
| 2021 | $1.54 Million | $2.23 Million | $690.38K | — |
| 2020 | $0.00 | $0.00 | $0.00 | — |