Smiths News (SNWS.L) - Net assets

Net assets on the balance sheet as of February 2024 : -NZ$30.16 Million

According to Smiths News's latest financial reports the company has -NZ$30.16 Million 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	$-NZ$34.81 Million	-42.79%
2022-08-31	$-NZ$60.85 Million	-46.37%
2021-08-31	$-NZ$0.12 Billion	-29.78%
2020-08-31	$-NZ$0.17 Billion	12.92%
2019-08-31	$-NZ$0.15 Billion	59.31%
2018-08-31	$-NZ$89.83 Million	-299.53%
2017-08-31	$NZ$45.01 M	91.55%
2016-08-31	$NZ$23.5 M	7.08%
2015-08-31	$NZ$21.94 M	-126.26%
2014-08-31	$-NZ$83.57 Million	-26.62%
2013-08-31	$-NZ$0.12 Billion	-25.84%
2012-08-31	$-NZ$0.16 Billion	-8.17%
2011-08-31	$-NZ$0.17 Billion	21.91%
2010-08-31	$-NZ$0.14 Billion	-15.57%
2009-08-31	$-NZ$0.17 Billion	-8.67%
2008-08-31	$-NZ$0.18 Billion	-19.92%
2007-08-31	$-NZ$0.23 Billion	-28.62%
2006-08-31	$-NZ$0.32 Billion	-330.87%
2005-08-31	$NZ$0.13 B	-80.83%
2004-08-31	$NZ$0.70 B	-37.26%
2003-08-31	$NZ$1.12 B	-33.32%
2002-08-31	$NZ$1.68 B	-17.72%
2001-08-31	$NZ$2.04 B

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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