Hipgnosis Songs Fund (SONG.L)

Net assets on the balance sheet as of September 2023 : $1.33 Billion USD

According to Hipgnosis Songs Fund's latest financial reports the company has $1.33 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hipgnosis Songs Fund - Net assets on balance sheet (from 2021 to 2020)

Net assets by year

Year	Net assets	Change
2023-03-31	$$1.43 B	-9.34%
2022-03-31	$$1.58 B	8.17%
2021-03-31	$$1.46 B	45.85%
2020-03-31	$$1.00 B	196.9%
2019-03-31	$$0.33 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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Hipgnosis Songs Fund (SONG.L) - Net assets