Coinbase (COIN) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$67.85 Billion

According to Coinbase's latest financial reports the company has HK$67.85 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Coinbase - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$49.05 B	15.12%
2022-12-31	$HK$42.61 B	-14.36%
2021-12-31	$HK$49.76 B	566.16%
2020-12-31	$HK$7.46 B	92.95%
2019-12-31	$HK$3.87 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nasdaq NDAQ	HK$86.14 B	26.96%	🇺🇸 USA
Intercontinental Exchange ICE	HK$212.02 B	212.47%	🇺🇸 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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Coinbase (COIN) - Net assets

Net assets on the balance sheet as of September 2024 : HK$67.85 Billion