Planet Labs (PL) - Net Assets

Net assets on the balance sheet as of July 2024 : HK$3.68 Billion

According to Planet Labs's latest financial reports the company has HK$3.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Labs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-01-31	$HK$4.51 B	-10.65%
2022-01-31	$HK$5.05 B	506.1%
2021-01-31	$HK$0.83 B	-50.69%
2020-01-31	$HK$1.69 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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Planet Labs (PL) - Net assets