Smith-Midland (SMID) - Net assets

Net assets on the balance sheet as of June 2024 : A$57.04 Million

According to Smith-Midland's latest financial reports the company has A$57.04 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smith-Midland - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$48.57 M	10.91%
2021-12-31	$A$43.79 M	42.39%
2020-12-31	$A$30.75 M	3.42%
2019-12-31	$A$29.73 M	11.16%
2018-12-31	$A$26.75 M	21.4%
2017-12-31	$A$22.03 M	11.53%
2016-12-31	$A$19.75 M	26.37%
2015-12-31	$A$15.63 M	22.17%
2014-12-31	$A$12.79 M	-0.03%
2013-12-31	$A$12.8 M	22.43%
2012-12-31	$A$10.45 M	-0.08%
2011-12-31	$A$10.46 M	-3.01%
2010-12-31	$A$10.78 M	14.2%
2009-12-31	$A$9.44 M	1.5%
2008-12-31	$A$9.3 M	35.56%
2007-12-31	$A$6.86 M	17.5%
2006-12-31	$A$5.84 M	-19.83%
2005-12-31	$A$7.28 M	46.75%
2004-12-31	$A$4.96 M	10.17%
2003-12-31	$A$4.5 M	-51.54%
2002-12-31	$A$9.3 M	20.37%
2001-12-31	$A$7.72 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Gencor Industries GENC	A$0.29 B	423.61%	🇺🇸 USA
James Hardie Industries JHX	A$2.97 B	5,109.51%	🇮🇪 Ireland

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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