Sumo Logic (SUMO) - Net assets

Net assets on the balance sheet as of January 2023 : C$0.51 Billion

According to Sumo Logic's latest financial reports the company has C$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sumo Logic - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-01-31	$C$0.50 B	-6.08%
2022-01-31	$C$0.53 B	-3.05%
2021-01-31	$C$0.55 B	-289.21%
2020-01-31	$-C$0.3 Billion	9.53%
2019-01-31	$-C$0.27 Billion

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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