Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2023 : €0.43 B

According to Synlait Milk's latest financial reports the company has €0.43 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	$€0.44 B	-3.73%
2022-07-31	$€0.45 B	1.93%
2021-07-31	$€0.45 B	30.88%
2020-07-31	$€0.34 B	17.64%
2019-07-31	$€0.29 B	18.24%
2018-07-31	$€0.24 B	-1.06%
2017-07-31	$€0.25 B	51.47%
2016-07-31	$€0.16 B	58.8%
2015-07-31	$€0.10 B	-10.45%
2014-07-31	$€0.11 B	17.44%
2013-07-31	$€98.95 M

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