GitLab (GTLB) - Net Assets

Net assets on the balance sheet as of July 2024 : NZ$1.11 B

According to GitLab's latest financial reports the company has NZ$1.11 B 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	$NZ$1.27 B	5%
2022-01-31	$NZ$1.21 B	-480.3%
2021-01-31	$-NZ$0.32 B	53.33%
2020-01-31	$-NZ$0.21 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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GitLab (GTLB) - Net assets