SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : ₹59.37 Billion

According to SiTime's latest financial reports the company has ₹59.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SiTime - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹58.94 B	0.54%
2022-12-31	$₹58.62 B	24.53%
2021-12-31	$₹47.07 B	485.84%
2020-12-31	$₹8.03 B	81.35%
2019-12-31	$₹4.43 B	475.34%
2018-12-31	$₹0.77 B	-31.76%
2017-12-31	$₹1.12 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	₹120.53 B	103.01%	🇺🇸 USA
Power Integrations POWI	₹63.89 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	₹20.50 B	-65.46%	🇺🇸 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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SiTime (SITM) - Net assets

Net assets on the balance sheet as of September 2024 : ₹59.37 Billion