Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2024 : C$0.50 Billion

According to Synlait Milk's latest financial reports the company has C$0.50 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	$C$0.64 B	8.61%
2022-07-31	$C$0.59 B	-11%
2021-07-31	$C$0.66 B	22.52%
2020-07-31	$C$0.54 B	27.17%
2019-07-31	$C$0.42 B	13.45%
2018-07-31	$C$0.37 B	2.5%
2017-07-31	$C$0.36 B	52.66%
2016-07-31	$C$0.24 B	63.38%
2015-07-31	$C$0.14 B	-12.91%
2014-07-31	$C$0.16 B	25.56%
2013-07-31	$C$0.13 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