SoFi (SOFI) - Net Assets

Net assets on the balance sheet as of June 2024 : S$7.90 Billion

According to SoFi's latest financial reports the company has S$7.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$S$7.33 B	-1.01%
2022-12-31	$S$7.41 B	16.7%
2021-12-31	$S$6.35 B	57.21%
2020-12-31	$S$4.03 B	42.64%
2019-12-31	$S$2.83 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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SoFi (SOFI) - Net assets