SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -£0.38 B

According to SmileDirectClub's latest financial reports the company has -£0.38 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	$-£0.32 B	220.73%
2021-12-31	$-£99.28 M	-157.88%
2020-12-31	$£0.17 B	-50.79%
2019-12-31	$£0.34 B	-591.75%
2018-12-31	$-£70.88 M	182.96%
2017-12-31	$-£25.05 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-£0.38 B	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	£2.33 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 : -£0.38 B