SiTime (SITM) - Net Assets

Net assets on the balance sheet as of September 2024 : $0.69 Billion USD

According to SiTime's latest financial reports the company has $0.69 Billion USD 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	$$0.70 B	-0.06%
2022-12-31	$$0.70 B	12.01%
2021-12-31	$$0.63 B	475.63%
2020-12-31	$$0.10 B	76.83%
2019-12-31	$$62.14 M	464.14%
2018-12-31	$$11.01 M	-37.68%
2017-12-31	$$17.67 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Photronics PLAB	$1.41 B	103.01%	🇺🇸 USA
Power Integrations POWI	$0.74 B	7.61%	🇺🇸 USA
PDF Solutions PDFS	$0.24 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 : $0.69 Billion USD