AST SpaceMobile (ASTS)

Net assets on the balance sheet as of June 2024 : ₹20.41 Billion

According to AST SpaceMobile's latest financial reports the company has ₹20.41 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

AST SpaceMobile - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹29.77 B	13.66%
2021-12-31	$₹26.19 B	347.84%
2020-12-31	$₹5.84 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SK Telecom SKM	₹769.60 B	3,670.14%	🇰🇷 S. Korea
Spok Holdings SPOK	₹13.19 B	-35.38%	🇺🇸 USA
Shentel SHEN	₹84.93 B	316.08%	🇺🇸 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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AST SpaceMobile (ASTS) - Net assets

Net assets on the balance sheet as of June 2024 : ₹20.41 Billion