Squarespace (SQSP) - Net Assets

Net assets on the balance sheet as of June 2024 : -NZ$0.43 Billion

According to Squarespace's latest financial reports the company has -NZ$0.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Squarespace - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$-NZ$0.42 Billion	-13.73%
2022-12-31	$-NZ$0.48 Billion	2318.32%
2021-12-31	$-NZ$19.74 Million	-97.86%
2020-12-31	$-NZ$0.93 Billion	64.41%
2019-12-31	$-NZ$0.56 Billion

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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Squarespace (SQSP) - Net assets