Smith-Midland (SMID) - Net assets

Net assets on the balance sheet as of June 2024 : ₹3.14 Billion

According to Smith-Midland's latest financial reports the company has ₹3.14 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smith-Midland - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹2.73 B	15.75%
2021-12-31	$₹2.36 B	36.64%
2020-12-31	$₹1.72 B	16.49%
2019-12-31	$₹1.48 B	12.67%
2018-12-31	$₹1.31 B	19.96%
2017-12-31	$₹1.09 B	13.5%
2016-12-31	$₹0.96 B	27.87%
2015-12-31	$₹0.75 B	14.03%
2014-12-31	$₹0.66 B	-5.9%
2013-12-31	$₹0.70 B	18.57%
2012-12-31	$₹0.59 B	4.82%
2011-12-31	$₹0.56 B	15.58%
2010-12-31	$₹0.49 B	24.71%
2009-12-31	$₹0.39 B	24.76%
2008-12-31	$₹0.31 B	33.98%
2007-12-31	$₹0.23 B	15.47%
2006-12-31	$₹0.20 B	-14.99%
2005-12-31	$₹0.23 B	44.18%
2004-12-31	$₹0.16 B	9.1%
2003-12-31	$₹0.15 B	-39.3%
2002-12-31	$₹0.25 B	32.07%
2001-12-31	$₹0.19 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Gencor Industries GENC	₹16.44 B	423.61%	🇺🇸 USA
James Hardie Industries JHX	₹163.66 B	5,109.51%	🇮🇪 Ireland

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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