Smith-Midland (SMID) - Net assets

Net assets on the balance sheet as of June 2024 : A$55.76 M

According to Smith-Midland's latest financial reports the company has A$55.76 M 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	11.24%
2021-12-31	$A$43.66 M	42.28%
2020-12-31	$A$30.69 M	3.62%
2019-12-31	$A$29.61 M	10.75%
2018-12-31	$A$26.74 M	21.35%
2017-12-31	$A$22.03 M	11.53%
2016-12-31	$A$19.75 M	26.36%
2015-12-31	$A$15.63 M	22.43%
2014-12-31	$A$12.77 M	-0.23%
2013-12-31	$A$12.8 M	22.15%
2012-12-31	$A$10.48 M	0.15%
2011-12-31	$A$10.46 M	-3.33%
2010-12-31	$A$10.82 M	14.08%
2009-12-31	$A$9.48 M	-0.2%
2008-12-31	$A$9.5 M	38.4%
2007-12-31	$A$6.86 M	17.56%
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$2.90 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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