DigitalOcean (DOCN) - Net Assets

Net assets on the balance sheet as of June 2024 : -£0.2 B

According to DigitalOcean's latest financial reports the company has -£0.2 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	$-£0.25 B	-726.23%
2022-12-31	$£39.31 M	-90.8%
2021-12-31	$£0.42 B	-908.99%
2020-12-31	$-£52.81 M	-3.04%
2019-12-31	$-£54.47 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PFSweb PFSW	£65.03 M	-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 : -£0.2 B