Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2023 : £0.37 B

According to Synlait Milk's latest financial reports the company has £0.37 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	$£0.37 B	-1.9%
2022-07-31	$£0.38 B	0.31%
2021-07-31	$£0.38 B	24.07%
2020-07-31	$£0.31 B	16.26%
2019-07-31	$£0.26 B	20.82%
2018-07-31	$£0.22 B	-1.44%
2017-07-31	$£0.22 B	60.48%
2016-07-31	$£0.13 B	91.61%
2015-07-31	$£72.85 M	-20.79%
2014-07-31	$£91.97 M	6.85%
2013-07-31	$£86.07 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