DigitalOcean (DOCN) - Net Assets

Net assets on the balance sheet as of September 2024 : -HK$1.65 Billion

According to DigitalOcean's latest financial reports the company has -HK$1.65 Billion 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	$-HK$2.45 Billion	-759.19%
2022-12-31	$HK$0.37 B	-91.76%
2021-12-31	$HK$4.50 B	-906.7%
2020-12-31	$-HK$0.56 Billion	-0.72%
2019-12-31	$-HK$0.57 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PFSweb PFSW	HK$0.66 B	-140.31%	🇺🇸 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 September 2024 : -HK$1.65 Billion