GitLab (GTLB) - Net Assets

Net assets on the balance sheet as of July 2024 : ₹58.39 Billion

According to GitLab's latest financial reports the company has ₹58.39 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	$₹67.28 B	12.18%
2022-01-31	$₹59.97 B	-455.78%
2021-01-31	$-₹16.86 Billion	74.63%
2020-01-31	$-₹9.66 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