Saipem (SPM.MI) - Net Assets

Net assets on the balance sheet as of December 2023 : A$3.97 B

According to Saipem's latest financial reports the company has A$3.97 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saipem - Net assets on balance sheet (from 2010 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$3.28 B	498.72%
2021-12-31	$A$0.54 B	-88.26%
2020-12-31	$A$4.67 B	-29.02%
2019-12-31	$A$6.58 B	0.43%
2018-12-31	$A$6.56 B	-7.18%
2017-12-31	$A$7.06 B	-0.84%
2016-12-31	$A$7.12 B	35.16%
2015-12-31	$A$5.27 B	-14.96%
2014-12-31	$A$6.20 B	-15.59%
2013-12-31	$A$7.34 B	9.17%
2012-12-31	$A$6.73 B	10.19%
2011-12-31	$A$6.10 B	12.21%
2010-12-31	$A$5.44 B	-2.69%
2009-12-31	$A$5.59 B	-1.42%
2008-12-31	$A$5.67 B	46.3%
2007-12-31	$A$3.87 B	46.21%
2006-12-31	$A$2.65 B	-0.26%
2005-12-31	$A$2.65 B	-11.88%
2004-12-31	$A$3.01 B	29.13%
2003-12-31	$A$2.33 B	-3.01%
2002-12-31	$A$2.41 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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Saipem (SPM.MI) - Net assets