Smiths News (SNWS.L) - Net assets

Net assets on the balance sheet as of February 2024 : -₹1.5 Billion

According to Smiths News's latest financial reports the company has -₹1.5 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smiths News - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-08-31	$-₹1.72 Billion	-42.36%
2022-08-31	$-₹2.98 Billion	-48.99%
2021-08-31	$-₹5.83 Billion	-26.87%
2020-08-31	$-₹7.98 Billion	22.99%
2019-08-31	$-₹6.49 Billion	51.97%
2018-08-31	$-₹4.27 Billion	-305.53%
2017-08-31	$₹2.07 B	81.62%
2016-08-31	$₹1.14 B	21.76%
2015-08-31	$₹0.93 B	-122.18%
2014-08-31	$-₹4.23 Billion	-28.02%
2013-08-31	$-₹5.88 Billion	-13.8%
2012-08-31	$-₹6.82 Billion	4.1%
2011-08-31	$-₹6.55 Billion	44.75%
2010-08-31	$-₹4.53 Billion	-16.73%
2009-08-31	$-₹5.44 Billion	-1.04%
2008-08-31	$-₹5.49 Billion	-13.34%
2007-08-31	$-₹6.34 Billion	-33.25%
2006-08-31	$-₹9.5 Billion	-330.11%
2005-08-31	$₹4.12 B	-80.68%
2004-08-31	$₹21.35 B	-28.17%
2003-08-31	$₹29.72 B	-22.4%
2002-08-31	$₹38.30 B	-9.87%
2001-08-31	$₹42.50 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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