Altair Engineering (ALTR)

Net assets on the balance sheet as of September 2024 : ₹71.03 Billion

According to Altair Engineering 's latest financial reports the company has ₹71.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$₹59.21 B	25.61%
2022-12-31	$₹47.14 B	3.16%
2021-12-31	$₹45.69 B	64.71%
2020-12-31	$₹27.74 B	8.96%
2019-12-31	$₹25.46 B	23.01%
2018-12-31	$₹20.69 B	415.05%
2017-12-31	$₹4.01 B	-270.67%
2016-12-31	$-₹2.36 Billion	-15.71%
2015-12-31	$-₹2.8 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Texas Instruments TXN	₹1.465 T	1,963.33%	🇺🇸 USA
Intel INTC	₹8.900 T	12,430.05%	🇺🇸 USA
Quicklogic QUIK	₹1.77 B	-97.50%	🇺🇸 USA
IBM IBM	₹2.082 T	2,831.06%	🇺🇸 USA
Lattice Semiconductor LSCC	₹59.71 B	-15.93%	🇺🇸 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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Altair Engineering (ALTR) - Net assets

Net assets on the balance sheet as of September 2024 : ₹71.03 Billion