Spring Airlines (601021.SS)

Net assets on the balance sheet as of June 2024 : A$3.38 B

According to Spring Airlines 's latest financial reports the company has A$3.38 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spring Airlines - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$2.91 B	-1.67%
2021-12-31	$A$2.96 B	9.49%
2020-12-31	$A$2.70 B	-11.78%
2019-12-31	$A$3.07 B	11.72%
2018-12-31	$A$2.74 B	64.98%
2017-12-31	$A$1.66 B	13.89%
2016-12-31	$A$1.46 B	5.62%
2015-12-31	$A$1.38 B	97.95%
2014-12-31	$A$0.69 B	37.71%
2013-12-31	$A$0.50 B	58.44%
2012-12-31	$A$0.32 B	42.67%
2011-12-31	$A$0.22 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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Spring Airlines (601021.SS) - Net assets