Cloudflare (NET) - Net Assets

Net assets on the balance sheet as of June 2024 : C$1.22 Billion

According to Cloudflare's latest financial reports the company has C$1.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$1.01 B	19.53%
2022-12-31	$C$0.84 B	-18.56%
2021-12-31	$C$1.03 B	-0.19%
2020-12-31	$C$1.04 B	9.88%
2019-12-31	$C$0.94 B	-713.11%
2018-12-31	$-C$0.16 Billion	105.54%
2017-12-31	$-C$75.23 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Fastly FSLY	C$1.36 B	11.30%	🇺🇸 USA
Akamai AKAM	C$6.61 B	439.36%	🇺🇸 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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Cloudflare (NET) - Net assets

Net assets on the balance sheet as of June 2024 : C$1.22 Billion