Planet Labs (PL) - Net Assets

Net assets on the balance sheet as of July 2024 : NZ$0.82 Billion

According to Planet Labs's latest financial reports the company has NZ$0.82 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	$NZ$0.89 B	-9.99%
2022-01-31	$NZ$0.98 B	565.64%
2021-01-31	$NZ$0.14 B	-55.71%
2020-01-31	$NZ$0.33 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