Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2024 : A$0.55 Billion

According to Synlait Milk's latest financial reports the company has A$0.55 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Synlait Milk - Net assets on balance sheet (from 2014 to 2024)

Net assets by year

Year	Net assets	Change
2023-07-31	$A$0.73 B	10.13%
2022-07-31	$A$0.66 B	-8.87%
2021-07-31	$A$0.72 B	29.17%
2020-07-31	$A$0.56 B	18.97%
2019-07-31	$A$0.47 B	21.12%
2018-07-31	$A$0.39 B	5.71%
2017-07-31	$A$0.37 B	51.98%
2016-07-31	$A$0.24 B	56.45%
2015-07-31	$A$0.15 B	-6.63%
2014-07-31	$A$0.16 B	15.37%
2013-07-31	$A$0.14 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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Synlait Milk (SML.NZ) - Net assets