Direct Digital Holdings (DRCT)

Net assets on the balance sheet as of June 2024 : -$8.78 Million USD

According to Direct Digital Holdings's latest financial reports the company has -$8.78 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Direct Digital Holdings - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$4.59 M	-1325.88%
2021-12-31	$-$0.38 Million	-115.83%
2020-12-31	$$2.36 M	-286.36%
2019-12-31	$-$1.28 Million

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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Direct Digital Holdings (DRCT) - Net assets