Snap (SNAP) - Net Assets

Net assets on the balance sheet as of September 2024 : A$3.53 Billion

According to Snap's latest financial reports the company has A$3.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Snap - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$3.54 B	-6.56%
2022-12-31	$A$3.79 B	-27.46%
2021-12-31	$A$5.22 B	72.53%
2020-12-31	$A$3.03 B	-6.12%
2019-12-31	$A$3.22 B	-1.61%
2018-12-31	$A$3.28 B	-14.41%
2017-12-31	$A$3.83 B	81.89%
2016-12-31	$A$2.10 B	100.89%
2015-12-31	$A$1.04 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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Snap (SNAP) - Net assets