Grindr (GRND) - Net Assets

Net assets on the balance sheet as of June 2024 : -₹3.53 Billion

According to Grindr's latest financial reports the company has -₹3.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Grindr - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-₹1.53 Billion	-554.15%
2022-12-31	$₹0.33 B	-98.29%
2021-12-31	$₹19.59 B	4.55%
2020-12-31	$₹18.74 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Match Group MTCH	-₹11 Billion	211.68%	🇺🇸 USA
Bumble BMBL	₹194.16 B	-5,604.72%	🇺🇸 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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Grindr (GRND) - Net assets

Net assets on the balance sheet as of June 2024 : -₹3.53 Billion