SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : £0.54 Billion

According to SiTime's latest financial reports the company has £0.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SiTime - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.55 B	-5.1%
2022-12-31	$£0.58 B	24.98%
2021-12-31	$£0.46 B	481.27%
2020-12-31	$£80.61 M	70.11%
2019-12-31	$£47.38 M	446.09%
2018-12-31	$£8.67 M	-33.65%
2017-12-31	$£13.07 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	£1.11 B	103.01%	🇺🇸 USA
Power Integrations POWI	£0.58 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	£0.18 B	-65.46%	🇺🇸 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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SiTime (SITM) - Net assets

Net assets on the balance sheet as of September 2024 : £0.54 Billion