Snap One (SNPO) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$1.29 Billion

According to Snap One's latest financial reports the company has NZ$1.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$1.20 B	0.75%
2022-12-31	$NZ$1.19 B	8.86%
2021-12-31	$NZ$1.09 B	27.96%
2020-12-31	$NZ$0.85 B	-9.47%
2019-12-31	$NZ$0.94 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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