Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -A$76.72 Million

According to Spencer's Retail 's latest financial reports the company has -A$76.72 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-A$27.29 Million	-350.96%
2022-03-31	$A$10.87 M	-67.39%
2021-03-31	$A$33.34 M	-43.39%
2020-03-31	$A$58.89 M	-47.13%
2019-03-31	$A$0.11 B	1.85%
2018-03-31	$A$0.10 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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Spencer's Retail (SPENCERS.NS) - Net assets