DraftKings (DKNG) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.96 Billion

According to DraftKings's latest financial reports the company has A$1.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

DraftKings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.23 B	-36.54%
2022-12-31	$A$1.94 B	-16.05%
2021-12-31	$A$2.31 B	-32.34%
2020-12-31	$A$3.42 B	-4932.48%
2019-12-31	$-A$70.82 Million	-73.07%
2018-12-31	$-A$0.27 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Super Group SGHC	A$0.90 B	-54.18%	Guernsey

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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DraftKings (DKNG) - Net assets

Net assets on the balance sheet as of June 2024 : A$1.96 Billion