Somec S.p.A. (SOM.MI)

Net assets on the balance sheet as of December 2023 : £18.4 Million

According to Somec S.p.A.'s latest financial reports the company has £18.4 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Somec S.p.A. - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$£18.18 M	-44.27%
2022-12-31	$£32.63 M	-32.15%
2021-12-31	$£48.1 M	17.92%
2020-12-31	$£40.79 M	-1.75%
2019-12-31	$£41.52 M	2.08%
2018-12-31	$£40.67 M	299.06%
2017-12-31	$£10.19 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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Somec S.p.A. (SOM.MI) - Net assets