Penguin Solutions (PENG)

Net assets on the balance sheet as of November 2024 : C$0.58 Billion

According to Penguin Solutions's latest financial reports the company has C$0.58 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Penguin Solutions - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2024-08-31	$C$0.53 B	73.55%
2023-08-31	$C$0.31 B	-37.38%
2022-08-31	$C$0.49 B	23.22%
2021-08-31	$C$0.40 B	8.98%
2020-08-31	$C$0.36 B	0.98%
2019-08-31	$C$0.36 B	50.37%
2018-08-31	$C$0.24 B	133.56%
2017-08-31	$C$0.10 B	-6527.18%
2016-08-31	$-C$1.62 Million	-114.16%
2015-08-31	$C$11.43 M

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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Penguin Solutions (PENG) - Net assets