SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$1.18 Billion

According to SiTime's latest financial reports the company has NZ$1.18 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	$NZ$1.11 B	0.33%
2022-12-31	$NZ$1.11 B	20.51%
2021-12-31	$NZ$0.92 B	508.07%
2020-12-31	$NZ$0.15 B	65.05%
2019-12-31	$NZ$92.26 M	461.87%
2018-12-31	$NZ$16.42 M	-34.02%
2017-12-31	$NZ$24.88 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	NZ$2.40 B	103.01%	🇺🇸 USA
Power Integrations POWI	NZ$1.27 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	NZ$0.39 B	-66.66%	🇺🇸 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 : NZ$1.18 Billion