ServiceNow (NOW) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$14.00 B

According to ServiceNow's latest financial reports the company has NZ$14.00 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

ServiceNow - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$12.06 B	52.19%
2022-12-31	$NZ$7.92 B	46.9%
2021-12-31	$NZ$5.39 B	36.92%
2020-12-31	$NZ$3.94 B	24.92%
2019-12-31	$NZ$3.15 B	90.51%
2018-12-31	$NZ$1.65 B	51.01%
2017-12-31	$NZ$1.09 B	96.28%
2016-12-31	$NZ$0.55 B	-32.62%
2015-12-31	$NZ$0.82 B	51.73%
2014-12-31	$NZ$0.54 B	13.83%
2013-12-31	$NZ$0.48 B	61.69%
2012-12-31	$NZ$0.29 B
2011-06-30	$-NZ$70.93 M	-31.07%
2010-06-30	$-NZ$0.11 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
IBM IBM	NZ$38.95 B	178.13%	🇺🇸 USA
FICO FICO	-NZ$1.35 B	-109.57%	🇺🇸 USA
Zendesk ZEN	NZ$0.56 B	-96.00%	🇺🇸 USA
Microsoft MSFT	NZ$433.95 B	2,998.05%	🇺🇸 USA
HP HPQ	-NZ$2.25 B	-116.06%	🇺🇸 USA
QUALCOMM QCOM	NZ$39.87 B	184.68%	🇺🇸 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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