Confluent (CFLT) - Net Assets

Net assets on the balance sheet as of June 2024 : S$1.14 Billion

According to Confluent's latest financial reports the company has S$1.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$1.07 B	3.76%
2022-12-31	$S$1.03 B	-10.26%
2021-12-31	$S$1.14 B	-383.72%
2020-12-31	$-S$0.41 Billion	129.81%
2019-12-31	$-S$0.18 Billion

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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Confluent (CFLT) - Net assets