Upstart (UPST) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$4.62 Billion

According to Upstart's latest financial reports the company has HK$4.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Upstart - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.96 B	-5.56%
2022-12-31	$HK$5.25 B	-16.52%
2021-12-31	$HK$6.29 B	170.37%
2020-12-31	$HK$2.32 B	-584.48%
2019-12-31	$-HK$0.49 Billion	12.22%
2018-12-31	$-HK$0.43 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
360 DigiTech QFIN	HK$25.38 B	448.50%	🇨🇳 China
Rocket Companies RKT	HK$64.89 B	1,302.50%	🇺🇸 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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Upstart (UPST) - Net assets

Net assets on the balance sheet as of September 2024 : HK$4.62 Billion