SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : A$1.10 Billion

According to SiTime's latest financial reports the company has A$1.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SiTime - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.03 B	-0.18%
2022-12-31	$A$1.04 B	19.33%
2021-12-31	$A$0.87 B	510.52%
2020-12-31	$A$0.14 B	61.01%
2019-12-31	$A$88.75 M	467.63%
2018-12-31	$A$15.63 M	-30.94%
2017-12-31	$A$22.64 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	A$2.35 B	112.68%	🇺🇸 USA
Power Integrations POWI	A$1.19 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	A$0.38 B	-65.46%	🇺🇸 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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SiTime (SITM) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.10 Billion