Cloudflare (NET) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$6.87 B

According to Cloudflare's latest financial reports the company has HK$6.87 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$5.95 B	22.24%
2022-12-31	$HK$4.87 B	-23.36%
2021-12-31	$HK$6.36 B	0.42%
2020-12-31	$HK$6.33 B	12.04%
2019-12-31	$HK$5.65 B	-736.05%
2018-12-31	$-HK$0.89 B	90.13%
2017-12-31	$-HK$0.47 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Fastly FSLY	HK$7.64 B	11.30%	🇺🇸 USA
Akamai AKAM	HK$37.06 B	439.36%	🇺🇸 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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Cloudflare (NET) - Net assets

Net assets on the balance sheet as of June 2024 : HK$6.87 B