Sovos Brands (SOVO) - Net assets

Net assets on the balance sheet as of December 2023 : HK$4.13 Billion

According to Sovos Brands's latest financial reports the company has HK$4.13 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovos Brands - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$HK$4.13 B	11.29%
2022-12-31	$HK$3.71 B	-6.38%
2021-12-31	$HK$3.97 B	-14.12%
2020-12-31	$HK$4.62 B	1.7%
2019-12-31	$HK$4.54 B

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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