Duolingo (DUOL) - Net Assets

Net assets on the balance sheet as of September 2024 : C$1.14 Billion

According to Duolingo's latest financial reports the company has C$1.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.86 B	18.2%
2022-12-31	$C$0.73 B	12.5%
2021-12-31	$C$0.65 B	-735.51%
2020-12-31	$-C$0.11 Billion	-6.19%
2019-12-31	$-C$0.11 Billion

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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Duolingo (DUOL) - Net assets