DigitalOcean (DOCN) - Net Assets

Net assets on the balance sheet as of June 2024 : -C$0.35 B

According to DigitalOcean's latest financial reports the company has -C$0.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.42 B	-744.59%
2022-12-31	$C$64.54 M	-91.18%
2021-12-31	$C$0.73 B	-895.94%
2020-12-31	$-C$91.94 M	-1.88%
2019-12-31	$-C$93.71 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PFSweb PFSW	C$0.11 B	-133.63%	🇺🇸 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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DigitalOcean (DOCN) - Net assets

Net assets on the balance sheet as of June 2024 : -C$0.35 B