Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : A$1.35 Billion

According to Summit Midstream's latest financial reports the company has A$1.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit Midstream - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$A$1.12 B	-9.9%
2021-12-31	$A$1.24 B	3.93%
2020-12-31	$A$1.20 B	7.02%
2019-12-31	$A$1.12 B	-35.3%
2018-12-31	$A$1.73 B	-2.61%
2017-12-31	$A$1.78 B	9.7%
2016-12-31	$A$1.62 B	-32.35%
2015-12-31	$A$2.39 B	45.22%
2014-12-31	$A$1.65 B	22.59%
2013-12-31	$A$1.34 B	70.9%
2012-12-31	$A$0.78 B	26.14%
2011-12-31	$A$0.62 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	A$23.77 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	A$7.13 B	425.39%	🇺🇸 USA

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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Summit Midstream (SMLP) - Net assets

Net assets on the balance sheet as of March 2024 : A$1.35 Billion