Reddit (RDDT) - Net assets

Net assets on the balance sheet as of September 2024 : £1.57 Billion

According to Reddit's latest financial reports the company has £1.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Reddit - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-£0.33 Billion	3.44%
2022-12-31	$-£0.32 Billion	47.87%
2021-12-31	$-£0.22 Billion	90.5%
2020-12-31	$-£0.12 Billion

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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