Ribbon Communications (RBBN) - Net assets

Net assets on the balance sheet as of June 2024 : HK$3.15 B

According to Ribbon Communications's latest financial reports the company has HK$3.15 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ribbon Communications - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$3.53 B	-12.7%
2022-12-31	$HK$4.05 B	-1.46%
2021-12-31	$HK$4.11 B	-22.82%
2020-12-31	$HK$5.32 B	41.49%
2019-12-31	$HK$3.76 B	-18.57%
2018-12-31	$HK$4.62 B	-3.86%
2017-12-31	$HK$4.80 B	182.97%
2016-12-31	$HK$1.69 B	-1.7%
2015-12-31	$HK$1.72 B	-7.31%
2014-12-31	$HK$1.86 B	-22.99%
2013-12-31	$HK$2.42 B	-16.93%
2012-12-31	$HK$2.91 B	-9.64%
2011-12-31	$HK$3.22 B	-1.05%
2010-12-31	$HK$3.25 B	1.48%
2009-12-31	$HK$3.21 B	1.98%
2008-12-31	$HK$3.14 B	-18.23%
2007-12-31	$HK$3.85 B	14.51%
2006-12-31	$HK$3.36 B	54.87%
2005-12-31	$HK$2.17 B	17.08%
2004-12-31	$HK$1.85 B	1.94%
2003-12-31	$HK$1.82 B	311.31%
2002-12-31	$HK$0.44 B	-44.84%
2001-12-31	$HK$0.80 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
NETGEAR NTGR	HK$3.98 B	26.26%	🇺🇸 USA
Ribbon Communications RBBN	HK$3.15 B	0.00%	🇺🇸 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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