Planet Labs (PL) - Net Assets

Net assets on the balance sheet as of July 2024 : S$0.63 Billion

According to Planet Labs's latest financial reports the company has S$0.63 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Planet Labs - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-01-31	$S$0.75 B	-13.86%
2022-01-31	$S$0.87 B	515.06%
2021-01-31	$S$0.14 B	-51.8%
2020-01-31	$S$0.29 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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Planet Labs (PL) - Net assets