Snap (SNAP) - Net Assets

Net assets on the balance sheet as of September 2024 : S$2.93 Billion

According to Snap's latest financial reports the company has S$2.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Snap - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$3.18 B	-7.84%
2022-12-31	$S$3.45 B	-32.48%
2021-12-31	$S$5.12 B	66.23%
2020-12-31	$S$3.08 B	1.17%
2019-12-31	$S$3.04 B	-3.5%
2018-12-31	$S$3.15 B	-21.11%
2017-12-31	$S$4.00 B	82.06%
2016-12-31	$S$2.19 B	103.38%
2015-12-31	$S$1.08 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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Snap (SNAP) - Net assets