Sovos Brands (SOVO) - Net assets

Net assets on the balance sheet as of December 2023 : A$0.81 Billion

According to Sovos Brands's latest financial reports the company has A$0.81 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovos Brands - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.77 B	11.21%
2022-12-31	$A$0.69 B	-0.46%
2021-12-31	$A$0.70 B	-9.44%
2020-12-31	$A$0.77 B	-6.97%
2019-12-31	$A$0.83 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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