Robinhood (HOOD) - Net Assets

Net assets on the balance sheet as of September 2024 : A$11.59 Billion

According to Robinhood's latest financial reports the company has A$11.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$A$9.82 B	-3.85%
2022-12-31	$A$10.22 B	1.61%
2021-12-31	$A$10.05 B	-14081.97%
2020-12-31	$-A$71.95 Million	-48.09%
2019-12-31	$-A$0.14 Billion

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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Robinhood (HOOD) - Net assets