Altair Engineering (ALTR)

Net assets on the balance sheet as of September 2024 : A$1.29 Billion

According to Altair Engineering 's latest financial reports the company has A$1.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.04 B	24.71%
2022-12-31	$A$0.83 B	-1.14%
2021-12-31	$A$0.84 B	71.65%
2020-12-31	$A$0.49 B	-3.26%
2019-12-31	$A$0.50 B	21.36%
2018-12-31	$A$0.42 B	421.22%
2017-12-31	$A$80.62 M	-267.71%
2016-12-31	$-A$48.08 Million	-16.69%
2015-12-31	$-A$57.71 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Texas Instruments TXN	A$26.71 B	1,963.33%	🇺🇸 USA
Intel INTC	A$162.22 B	12,430.05%	🇺🇸 USA
Quicklogic QUIK	A$33.73 M	-97.39%	🇺🇸 USA
IBM IBM	A$37.94 B	2,831.06%	🇺🇸 USA
Lattice Semiconductor LSCC	A$1.08 B	-15.93%	🇺🇸 USA

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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Altair Engineering (ALTR) - Net assets

Net assets on the balance sheet as of September 2024 : A$1.29 Billion