Reddit (RDDT) - Net assets

Net assets on the balance sheet as of September 2024 : C$2.83 Billion

According to Reddit's latest financial reports the company has C$2.83 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-C$0.55 Billion	6.48%
2022-12-31	$-C$0.52 Billion	41.11%
2021-12-31	$-C$0.37 Billion	88.55%
2020-12-31	$-C$0.2 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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