Sumo Logic (SUMO) - Net assets

Net assets on the balance sheet as of January 2023 : NZ$0.65 Billion

According to Sumo Logic's latest financial reports the company has NZ$0.65 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sumo Logic - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-01-31	$NZ$0.57 B	-9.32%
2022-01-31	$NZ$0.63 B	7.21%
2021-01-31	$NZ$0.59 B	-275.37%
2020-01-31	$-NZ$0.35 Billion	15.91%
2019-01-31	$-NZ$0.3 Billion

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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