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

Net assets on the balance sheet as of December 2023 : ₹1.97 Billion

According to Somec S.p.A.'s latest financial reports the company has ₹1.97 Billion 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	$₹1.92 B	-40.96%
2022-12-31	$₹3.26 B	-32.39%
2021-12-31	$₹4.83 B	18.85%
2020-12-31	$₹4.06 B	4.73%
2019-12-31	$₹3.88 B	7.55%
2018-12-31	$₹3.60 B	310.44%
2017-12-31	$₹0.87 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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Somec S.p.A. (SOM.MI) - Net assets