Planet Labs (PL) - Net Assets

Net assets on the balance sheet as of July 2024 : A$0.74 Billion

According to Planet Labs's latest financial reports the company has A$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Labs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-01-31	$A$0.81 B	-11.89%
2022-01-31	$A$0.92 B	558.45%
2021-01-31	$A$0.14 B	-56.64%
2020-01-31	$A$0.32 B

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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Planet Labs (PL) - Net assets