SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : S$0.94 Billion

According to SiTime's latest financial reports the company has S$0.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SiTime - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.93 B	-1.54%
2022-12-31	$S$0.94 B	11.08%
2021-12-31	$S$0.85 B	488.23%
2020-12-31	$S$0.14 B	73.52%
2019-12-31	$S$83.77 M	456.72%
2018-12-31	$S$15.04 M	-36.35%
2017-12-31	$S$23.64 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	S$2.00 B	112.68%	🇺🇸 USA
Power Integrations POWI	S$1.01 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	S$0.32 B	-65.46%	🇺🇸 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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SiTime (SITM) - Net assets

Net assets on the balance sheet as of September 2024 : S$0.94 Billion