Smith-Midland (SMID) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$62.25 Million

According to Smith-Midland's latest financial reports the company has NZ$62.25 Million 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	$NZ$52.06 M	12%
2021-12-31	$NZ$46.48 M	41.82%
2020-12-31	$NZ$32.77 M	6.02%
2019-12-31	$NZ$30.91 M	10.03%
2018-12-31	$NZ$28.09 M	15.98%
2017-12-31	$NZ$24.22 M	17.82%
2016-12-31	$NZ$20.56 M	23.55%
2015-12-31	$NZ$16.64 M	24.5%
2014-12-31	$NZ$13.36 M	-3.8%
2013-12-31	$NZ$13.89 M	5.2%
2012-12-31	$NZ$13.2 M	-3.92%
2011-12-31	$NZ$13.74 M	-3.22%
2010-12-31	$NZ$14.2 M	21.58%
2009-12-31	$NZ$11.68 M	3.26%
2008-12-31	$NZ$11.31 M	44.39%
2007-12-31	$NZ$7.83 M	19.85%
2006-12-31	$NZ$6.53 M	-16.2%
2005-12-31	$NZ$7.8 M	44.86%
2004-12-31	$NZ$5.38 M	4.49%
2003-12-31	$NZ$5.15 M	-48.52%
2002-12-31	$NZ$10.01 M	5.44%
2001-12-31	$NZ$9.49 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Gencor Industries GENC	NZ$0.32 B	423.61%	🇺🇸 USA
James Hardie Industries JHX	NZ$3.24 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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