Reddit (RDDT) - Net assets

Net assets on the balance sheet as of September 2024 : A$3.02 Billion

According to Reddit's latest financial reports the company has A$3.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-A$0.61 Billion	8.8%
2022-12-31	$-A$0.56 Billion	41.2%
2021-12-31	$-A$0.4 Billion	100.08%
2020-12-31	$-A$0.2 Billion

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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