GitLab (GTLB) - Net Assets

Net assets on the balance sheet as of July 2024 : HK$5.34 Billion

According to GitLab's latest financial reports the company has HK$5.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

GitLab - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-01-31	$HK$6.46 B	3.74%
2022-01-31	$HK$6.22 B	-447.47%
2021-01-31	$-HK$1.8 Billion	71.28%
2020-01-31	$-HK$1.05 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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GitLab (GTLB) - Net assets