Squarespace (SQSP) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$0.4 B

According to Squarespace's latest financial reports the company has -NZ$0.4 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Squarespace - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.42 B	-13.73%
2022-12-31	$-NZ$0.48 B	2324.7%
2021-12-31	$-NZ$19.69 M	-97.87%
2020-12-31	$-NZ$0.93 B	65.21%
2019-12-31	$-NZ$0.56 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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Squarespace (SQSP) - Net assets