SmartRent (SMRT) - Net Assets

Net assets on the balance sheet as of September 2024 : NZ$0.53 Billion

According to SmartRent's latest financial reports the company has NZ$0.53 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SmartRent - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.54 B	-5.6%
2022-12-31	$NZ$0.57 B	-12.83%
2021-12-31	$NZ$0.65 B	1331.01%
2020-12-31	$NZ$45.98 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Urban Outfitters URBN	NZ$3.96 B	634.56%	🇺🇸 USA
Gap Inc. GAP	NZ$5.54 B	927.39%	🇺🇸 USA
American Eagle Outfitters AEO	NZ$3.08 B	472.39%	🇺🇸 USA
Nordstrom JWN	NZ$1.67 B	210.68%	🇺🇸 USA
Ross Stores ROST	NZ$9.06 B	1,581.36%	🇺🇸 USA
TJX Companies TJX	NZ$14.44 B	2,578.43%	🇺🇸 USA
Buckle BKE	NZ$0.81 B	50.31%	🇺🇸 USA
Trinity Place Holdings TPHS	NZ$2.61 M	-99.51%	🇺🇸 USA
Guess GES	NZ$0.94 B	74.35%	🇺🇸 USA

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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SmartRent (SMRT) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$0.53 Billion