Smiths News (SNWS.L) - Net assets

Net assets on the balance sheet as of February 2024 : -C$24.8 Million

According to Smiths News's latest financial reports the company has -C$24.8 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smiths News - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$-C$28.05 Million	-42.58%
2022-08-31	$-C$48.84 Million	-51.22%
2021-08-31	$-C$0.11 Billion	-29.78%
2020-08-31	$-C$0.15 Billion	18.1%
2019-08-31	$-C$0.13 Billion	55.65%
2018-08-31	$-C$77.56 Million	-289.38%
2017-08-31	$C$40.95 M	83.88%
2016-08-31	$C$22.27 M	18.6%
2015-08-31	$C$18.77 M	-124.7%
2014-08-31	$-C$76.02 Million	-17.98%
2013-08-31	$-C$92.69 Million	-23.8%
2012-08-31	$-C$0.13 Billion	-12.8%
2011-08-31	$-C$0.14 Billion	36.35%
2010-08-31	$-C$0.11 Billion	-16.09%
2009-08-31	$-C$0.13 Billion	-7.12%
2008-08-31	$-C$0.14 Billion	-20.4%
2007-08-31	$-C$0.17 Billion	-26.88%
2006-08-31	$-C$0.23 Billion	-302.31%
2005-08-31	$C$0.11 B	-81.59%
2004-08-31	$C$0.60 B	-32.58%
2003-08-31	$C$0.89 B	-27.07%
2002-08-31	$C$1.23 B	-11.59%
2001-08-31	$C$1.39 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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