AST SpaceMobile (ASTS)

Net assets on the balance sheet as of September 2024 : S$0.67 Billion

According to AST SpaceMobile's latest financial reports the company has S$0.67 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2022-12-31	$S$0.48 B	1.38%
2021-12-31	$S$0.47 B	349.67%
2020-12-31	$S$0.10 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SK Telecom SKM	S$12.31 B	1,713.61%	🇰🇷 S. Korea
Spok Holdings SPOK	S$0.21 B	-68.92%	🇺🇸 USA
Shentel SHEN	S$1.35 B	100.15%	🇺🇸 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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AST SpaceMobile (ASTS) - Net assets

Net assets on the balance sheet as of September 2024 : S$0.67 Billion