SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -A$0.79 Billion

According to SmileDirectClub's latest financial reports the company has -A$0.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SmileDirectClub - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-A$0.57 Billion	205.44%
2021-12-31	$-A$0.19 Billion	-160.86%
2020-12-31	$A$0.30 B	-53.91%
2019-12-31	$A$0.66 B	-614.61%
2018-12-31	$-A$0.13 Billion	196.04%
2017-12-31	$-A$43.37 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-A$0.79 Billion	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	A$3.99 B	-608.05%	🇺🇸 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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SmileDirectClub (SDC) - Net assets

Net assets on the balance sheet as of June 2023 : -A$0.79 Billion