Smartgroup Corporation (SIQ.AX)

Net assets on the balance sheet as of December 2023 : NZ$0.26 B

According to Smartgroup Corporation's latest financial reports the company has NZ$0.26 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smartgroup Corporation - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.26 B	1.97%
2022-12-31	$NZ$0.25 B	-8.86%
2021-12-31	$NZ$0.28 B	-2.63%
2020-12-31	$NZ$0.29 B	0.67%
2019-12-31	$NZ$0.28 B	-6.06%
2018-12-31	$NZ$0.30 B	36.31%
2017-12-31	$NZ$0.22 B	11.39%
2016-12-31	$NZ$0.20 B	129.96%
2015-12-31	$NZ$87.9 M	27.58%
2014-12-31	$NZ$68.9 M	8.83%
2013-12-31	$NZ$63.31 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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Smartgroup Corporation (SIQ.AX) - Net assets