AST SpaceMobile (ASTS)

Net assets on the balance sheet as of June 2024 : HK$1.88 Billion

According to AST SpaceMobile's latest financial reports the company has HK$1.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$HK$2.81 B	2.44%
2021-12-31	$HK$2.74 B	342.61%
2020-12-31	$HK$0.62 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SK Telecom SKM	HK$71.96 B	3,727.09%	🇰🇷 S. Korea
Spok Holdings SPOK	HK$1.23 B	-34.59%	🇺🇸 USA
Shentel SHEN	HK$7.87 B	318.60%	🇺🇸 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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AST SpaceMobile (ASTS) - Net assets

Net assets on the balance sheet as of June 2024 : HK$1.88 Billion