Penguin Solutions (PENG)

Net assets on the balance sheet as of November 2024 : $0.40 Billion USD

According to Penguin Solutions's latest financial reports the company has $0.40 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2024-08-31	$$0.39 B	74.15%
2023-08-31	$$0.22 B	-39.44%
2022-08-31	$$0.37 B	18.69%
2021-08-31	$$0.31 B	13.05%
2020-08-31	$$0.28 B	3.16%
2019-08-31	$$0.27 B	46.14%
2018-08-31	$$0.18 B	127.11%
2017-08-31	$$82.39 M	-6760.95%
2016-08-31	$-$1.24 Million	-114.32%
2015-08-31	$$8.63 M

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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Penguin Solutions (PENG) - Net assets