SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -£0.4 Billion

According to SmileDirectClub's latest financial reports the company has -£0.4 Billion 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 Billion	219.89%
2021-12-31	$-£99.54 Million	-157.94%
2020-12-31	$£0.17 B	-51.3%
2019-12-31	$£0.35 B	-595.09%
2018-12-31	$-£71.25 Million	184.43%
2017-12-31	$-£25.05 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-£0.4 Billion	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	£1.99 B	-608.05%	🇺🇸 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 : -£0.4 Billion