Planet Labs (PL) - Net Assets

Net assets on the balance sheet as of October 2024 : ₹40.37 Billion

According to Planet Labs's latest financial reports the company has ₹40.37 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Labs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-01-31	$₹43.05 B	-8.4%
2023-01-31	$₹46.99 B	-3.38%
2022-01-31	$₹48.64 B	520.59%
2021-01-31	$₹7.83 B	-49.73%
2020-01-31	$₹15.59 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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Planet Labs (PL) - Net assets