AST SpaceMobile (ASTS)

Net assets on the balance sheet as of June 2024 : A$0.37 Billion

According to AST SpaceMobile's latest financial reports the company has A$0.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$A$0.52 B	8.91%
2021-12-31	$A$0.48 B	366.71%
2020-12-31	$A$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SK Telecom SKM	A$14.02 B	3,670.14%	🇰🇷 S. Korea
Spok Holdings SPOK	A$0.24 B	-35.38%	🇺🇸 USA
Shentel SHEN	A$1.54 B	316.08%	🇺🇸 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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AST SpaceMobile (ASTS) - Net assets

Net assets on the balance sheet as of June 2024 : A$0.37 Billion