Coinbase (COIN) - Net Assets

Net assets on the balance sheet as of September 2024 : A$13.39 Billion

According to Coinbase's latest financial reports the company has A$13.39 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$9.22 B	15.03%
2022-12-31	$A$8.01 B	-8.94%
2021-12-31	$A$8.80 B	602.44%
2020-12-31	$A$1.25 B	76.5%
2019-12-31	$A$0.70 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nasdaq NDAQ	A$17.01 B	26.96%	🇺🇸 USA
Intercontinental Exchange ICE	A$41.86 B	212.47%	🇺🇸 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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Coinbase (COIN) - Net assets

Net assets on the balance sheet as of September 2024 : A$13.39 Billion