Smartgroup Corporation (SIQ.AX)

Net assets on the balance sheet as of December 2023 : A$0.26 Billion

According to Smartgroup Corporation's latest financial reports the company has A$0.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smartgroup Corporation - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.24 B	1.45%
2022-12-31	$A$0.24 B	-9.72%
2021-12-31	$A$0.26 B	-1.74%
2020-12-31	$A$0.27 B	-2.09%
2019-12-31	$A$0.27 B	-5.34%
2018-12-31	$A$0.29 B	42.69%
2017-12-31	$A$0.20 B	5.45%
2016-12-31	$A$0.19 B	135.46%
2015-12-31	$A$82.5 M	25.16%
2014-12-31	$A$65.91 M	13.07%
2013-12-31	$A$58.3 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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Smartgroup Corporation (SIQ.AX) - Net assets