SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -€0.45 B

According to SmileDirectClub's latest financial reports the company has -€0.45 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SmileDirectClub - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-€0.36 B	204.08%
2021-12-31	$-€0.12 B	-161.65%
2020-12-31	$€0.19 B	-53.5%
2019-12-31	$€0.41 B	-621.79%
2018-12-31	$-€78.95 M	179.8%
2017-12-31	$-€28.22 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-€0.45 B	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	€2.76 B	-725.16%	🇺🇸 USA

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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SmileDirectClub (SDC) - Net assets

Net assets on the balance sheet as of June 2023 : -€0.45 B