DigitalOcean (DOCN) - Net Assets

Net assets on the balance sheet as of September 2024 : -$0.22 Billion USD

According to DigitalOcean's latest financial reports the company has -$0.22 Billion USD 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	$-$0.32 Billion	-759.46%
2022-12-31	$$47.56 M	-91.77%
2021-12-31	$$0.57 B	-902%
2020-12-31	$-$72.1 Million	-0.26%
2019-12-31	$-$72.28 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PFSweb PFSW	$85.34 M	-140.31%	🇺🇸 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 September 2024 : -$0.22 Billion USD