EngageSmart (ESMT) - Net assets

Net assets on the balance sheet as of September 2023 : $0.84 Billion USD

According to EngageSmart's latest financial reports the company has $0.84 Billion USD 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	$$0.80 B	6.32%
2021-12-31	$$0.75 B	76.62%
2020-12-31	$$0.42 B	-0.25%
2019-12-31	$$0.42 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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