Sovos Brands (SOVO) - Net assets

Net assets on the balance sheet as of December 2023 : NZ$0.93 Billion

According to Sovos Brands's latest financial reports the company has NZ$0.93 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sovos Brands - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.83 B	11.78%
2022-12-31	$NZ$0.74 B	0.52%
2021-12-31	$NZ$0.74 B	-9.8%
2020-12-31	$NZ$0.82 B	-4.63%
2019-12-31	$NZ$0.86 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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