Snap (SNAP) - Net Assets

Net assets on the balance sheet as of September 2024 : £1.75 Billion

According to Snap's latest financial reports the company has £1.75 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Snap - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£1.89 B	-11.17%
2022-12-31	$£2.13 B	-24.03%
2021-12-31	$£2.80 B	64.26%
2020-12-31	$£1.70 B	-0.82%
2019-12-31	$£1.72 B	-5.34%
2018-12-31	$£1.82 B	-17.77%
2017-12-31	$£2.21 B	79.86%
2016-12-31	$£1.23 B	138.73%
2015-12-31	$£0.51 B

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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Snap (SNAP) - Net assets