Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2023 : C$0.66 B

According to Synlait Milk's latest financial reports the company has C$0.66 B 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 2023)

Net assets by year

Year	Net assets	Change
2023-07-31	$C$0.64 B	6.5%
2022-07-31	$C$0.60 B	-9.84%
2021-07-31	$C$0.66 B	22.57%
2020-07-31	$C$0.54 B	27.12%
2019-07-31	$C$0.42 B	13.62%
2018-07-31	$C$0.37 B	2.16%
2017-07-31	$C$0.36 B	53.27%
2016-07-31	$C$0.24 B	63.01%
2015-07-31	$C$0.14 B	-12.87%
2014-07-31	$C$0.16 B	25.51%
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