Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2023 : NZ$0.78 B

According to Synlait Milk's latest financial reports the company has NZ$0.78 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Synlait Milk - Net assets on balance sheet (from 2014 to 2023)

Net assets by year

Year	Net assets	Change
2023-07-31	$NZ$0.79 B	5.61%
2022-07-31	$NZ$0.74 B	-2.44%
2021-07-31	$NZ$0.76 B	26.49%
2020-07-31	$NZ$0.60 B	23.18%
2019-07-31	$NZ$0.49 B	15.92%
2018-07-31	$NZ$0.42 B	8.05%
2017-07-31	$NZ$0.39 B	53.04%
2016-07-31	$NZ$0.25 B	49.46%
2015-07-31	$NZ$0.17 B	-6.16%
2014-07-31	$NZ$0.18 B	11.64%
2013-07-31	$NZ$0.16 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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Synlait Milk (SML.NZ) - Net assets