Altair Engineering (ALTR)

Net assets on the balance sheet as of September 2024 : HK$6.51 Billion

According to Altair Engineering 's latest financial reports the company has HK$6.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Altair Engineering - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.55 B	24.8%
2022-12-31	$HK$4.45 B	-7.02%
2021-12-31	$HK$4.78 B	62.79%
2020-12-31	$HK$2.94 B	5.76%
2019-12-31	$HK$2.78 B	19.95%
2018-12-31	$HK$2.31 B	371.41%
2017-12-31	$HK$0.49 B	-283.01%
2016-12-31	$-HK$0.27 Billion	-17.53%
2015-12-31	$-HK$0.33 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Texas Instruments TXN	HK$134.43 B	1,963.33%	🇺🇸 USA
Intel INTC	HK$816.37 B	12,430.05%	🇺🇸 USA
Quicklogic QUIK	HK$0.16 B	-97.39%	🇺🇸 USA
IBM IBM	HK$190.96 B	2,831.06%	🇺🇸 USA
Lattice Semiconductor LSCC	HK$5.47 B	-15.93%	🇺🇸 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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Altair Engineering (ALTR) - Net assets

Net assets on the balance sheet as of September 2024 : HK$6.51 Billion