Direct Digital Holdings (DRCT)

Net assets on the balance sheet as of September 2023 : S$8.33 M

According to Direct Digital Holdings's latest financial reports the company has S$8.33 M in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Direct Digital Holdings - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$6.16 M	-1318.61%
2021-12-31	$-S$0.51 M	-116.15%
2020-12-31	$S$3.13 M	-283.21%
2019-12-31	$-S$1.71 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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Direct Digital Holdings (DRCT) - Net assets