Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : NZ$1.37 B

According to Summit Midstream's latest financial reports the company has NZ$1.37 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit Midstream - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$1.20 B	-8.78%
2021-12-31	$NZ$1.32 B	2.91%
2020-12-31	$NZ$1.28 B	10.24%
2019-12-31	$NZ$1.16 B	-36.03%
2018-12-31	$NZ$1.81 B	-7%
2017-12-31	$NZ$1.95 B	15.88%
2016-12-31	$NZ$1.68 B	-33.93%
2015-12-31	$NZ$2.55 B	48.33%
2014-12-31	$NZ$1.72 B	17.76%
2013-12-31	$NZ$1.46 B	46.43%
2012-12-31	$NZ$0.99 B	21.7%
2011-12-31	$NZ$0.82 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	NZ$23.83 B	1,637.66%	🇺🇸 USA
Targa Resources TRGP	NZ$7.02 B	412.48%	🇺🇸 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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Summit Midstream (SMLP) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$1.37 B