Snap (SNAP) - Net Assets

Net assets on the balance sheet as of June 2024 : NZ$3.35 B

According to Snap's latest financial reports the company has NZ$3.35 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Snap - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$3.81 B	-6.09%
2022-12-31	$NZ$4.06 B	-26.75%
2021-12-31	$NZ$5.54 B	71.84%
2020-12-31	$NZ$3.22 B	-3.77%
2019-12-31	$NZ$3.35 B	-2.6%
2018-12-31	$NZ$3.44 B	-18.23%
2017-12-31	$NZ$4.21 B	92.15%
2016-12-31	$NZ$2.19 B	96.4%
2015-12-31	$NZ$1.11 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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Snap (SNAP) - Net assets