EngageSmart (ESMT) - Net assets

Net assets on the balance sheet as of September 2023 : C$1.15 Billion

According to EngageSmart's latest financial reports the company has C$1.15 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EngageSmart - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.09 B	13.21%
2021-12-31	$C$0.96 B	76.53%
2020-12-31	$C$0.54 B	-2.61%
2019-12-31	$C$0.56 B

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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