Reddit (RDDT) - Net assets

Net assets on the balance sheet as of September 2024 : S$2.66 Billion

According to Reddit's latest financial reports the company has S$2.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$-S$0.55 Billion	7.32%
2022-12-31	$-S$0.51 Billion	31.43%
2021-12-31	$-S$0.39 Billion	92.78%
2020-12-31	$-S$0.21 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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