Altair Engineering (ALTR)

Net assets on the balance sheet as of June 2024 : NZ$1.27 B

According to Altair Engineering 's latest financial reports the company has NZ$1.27 B 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	$NZ$1.12 B	25.35%
2022-12-31	$NZ$0.89 B	0.09%
2021-12-31	$NZ$0.89 B	69.96%
2020-12-31	$NZ$0.52 B	-0.34%
2019-12-31	$NZ$0.52 B	19.99%
2018-12-31	$NZ$0.44 B	397.74%
2017-12-31	$NZ$88.62 M	-277.16%
2016-12-31	$-NZ$50.03 M	-18.65%
2015-12-31	$-NZ$61.5 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Texas Instruments TXN	NZ$27.82 B	2,075.39%	🇺🇸 USA
Intel INTC	NZ$194.66 B	15,119.65%	🇺🇸 USA
Quicklogic QUIK	NZ$35.24 M	-97.24%	🇺🇸 USA
IBM IBM	NZ$38.95 B	2,945.98%	🇺🇸 USA
Lattice Semiconductor LSCC	NZ$1.12 B	-11.68%	🇺🇸 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 June 2024 : NZ$1.27 B