Cloudflare (NET) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$1.47 Billion

According to Cloudflare's latest financial reports the company has NZ$1.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.20 B	22.77%
2022-12-31	$NZ$0.98 B	-17.72%
2021-12-31	$NZ$1.19 B	5.49%
2020-12-31	$NZ$1.13 B	5.06%
2019-12-31	$NZ$1.07 B	-736.9%
2018-12-31	$-NZ$0.17 Billion	100.85%
2017-12-31	$-NZ$84.25 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Fastly FSLY	NZ$1.64 B	11.30%	🇺🇸 USA
Akamai AKAM	NZ$7.96 B	439.36%	🇺🇸 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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Cloudflare (NET) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$1.47 Billion