AST SpaceMobile (ASTS)

Net assets on the balance sheet as of June 2024 : C$0.33 Billion

According to AST SpaceMobile's latest financial reports the company has C$0.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$C$0.48 B	8.85%
2021-12-31	$C$0.44 B	339.82%
2020-12-31	$C$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SK Telecom SKM	C$12.71 B	3,670.14%	🇰🇷 S. Korea
Spok Holdings SPOK	C$0.21 B	-35.38%	🇺🇸 USA
Shentel SHEN	C$1.40 B	316.08%	🇺🇸 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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AST SpaceMobile (ASTS) - Net assets

Net assets on the balance sheet as of June 2024 : C$0.33 Billion