Switch (SWCH) - Net Assets

Net assets on the balance sheet as of September 2022 : A$1.59 Billion

According to Switch's latest financial reports the company has A$1.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Switch - Net assets on balance sheet (from 2016 to 2022)

Net assets by year

Year	Net assets	Change
2021-12-31	$A$1.08 B	16.85%
2020-12-31	$A$0.92 B	-12.26%
2019-12-31	$A$1.05 B	-4.75%
2018-12-31	$A$1.11 B	7.52%
2017-12-31	$A$1.03 B	75.81%
2016-12-31	$A$0.58 B	27.21%
2015-12-31	$A$0.46 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
LiveRamp RAMP	A$1.43 B	-9.79%	🇺🇸 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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Switch (SWCH) - Net assets

Net assets on the balance sheet as of September 2022 : A$1.59 Billion