Altair Engineering (ALTR)

Net assets on the balance sheet as of September 2024 : C$1.19 Billion

According to Altair Engineering 's latest financial reports the company has C$1.19 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	$C$0.94 B	22.04%
2022-12-31	$C$0.77 B	-1.2%
2021-12-31	$C$0.78 B	61.76%
2020-12-31	$C$0.48 B	3.73%
2019-12-31	$C$0.46 B	15.64%
2018-12-31	$C$0.40 B	409.59%
2017-12-31	$C$79.13 M	-269.93%
2016-12-31	$-C$46.57 Million	-20.15%
2015-12-31	$-C$58.32 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Texas Instruments TXN	C$24.72 B	1,963.33%	🇺🇸 USA
Intel INTC	C$150.15 B	12,430.05%	🇺🇸 USA
Quicklogic QUIK	C$29.91 M	-97.50%	🇺🇸 USA
IBM IBM	C$35.12 B	2,831.06%	🇺🇸 USA
Lattice Semiconductor LSCC	C$1.00 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 : C$1.19 Billion