Springfield Properties (SPR.L)

Net assets on the balance sheet as of November 2023 : A$0.28 B

According to Springfield Properties's latest financial reports the company has A$0.28 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Springfield Properties - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-05-31	$A$0.28 B	14.57%
2022-05-31	$A$0.25 B	23.35%
2021-05-31	$A$0.20 B	15.04%
2020-05-31	$A$0.17 B	9.99%
2019-05-31	$A$0.16 B	16.34%
2018-05-31	$A$0.13 B	147.08%
2017-05-31	$A$56.13 M	-5.75%
2016-05-31	$A$59.55 M	13.56%
2015-05-31	$A$52.44 M

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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Springfield Properties (SPR.L) - Net assets