Cloudflare (NET) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.33 Billion

According to Cloudflare's latest financial reports the company has A$1.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Cloudflare - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.11 B	22.15%
2022-12-31	$A$0.91 B	-18.52%
2021-12-31	$A$1.12 B	5.91%
2020-12-31	$A$1.06 B	2.48%
2019-12-31	$A$1.03 B	-743.43%
2018-12-31	$-A$0.17 Billion	110.23%
2017-12-31	$-A$76.65 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Fastly FSLY	A$1.49 B	11.30%	🇺🇸 USA
Akamai AKAM	A$7.22 B	439.36%	🇺🇸 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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Cloudflare (NET) - Net assets

Net assets on the balance sheet as of June 2024 : A$1.33 Billion