Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -C$69.78 Million

According to Spencer's Retail 's latest financial reports the company has -C$69.78 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-C$24.79 Million	-343.38%
2022-03-31	$C$10.18 M	-68.2%
2021-03-31	$C$32.01 M	-37.84%
2020-03-31	$C$51.51 M	-51.11%
2019-03-31	$C$0.10 B	-2.87%
2018-03-31	$C$0.10 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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Spencer's Retail (SPENCERS.NS) - Net assets