Snap (SNAP) - Net Assets

Net assets on the balance sheet as of September 2024 : HK$17.20 Billion

According to Snap's latest financial reports the company has HK$17.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$18.85 B	-6.49%
2022-12-31	$HK$20.16 B	-31.77%
2021-12-31	$HK$29.55 B	63.62%
2020-12-31	$HK$18.06 B	2.62%
2019-12-31	$HK$17.60 B	-2.75%
2018-12-31	$HK$18.09 B	-22.59%
2017-12-31	$HK$23.37 B	98.49%
2016-12-31	$HK$11.77 B	98.87%
2015-12-31	$HK$5.92 B

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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Snap (SNAP) - Net assets