Somec S.p.A. (SOM.MI)

Net assets on the balance sheet as of December 2023 : S$31.1 Million

According to Somec S.p.A.'s latest financial reports the company has S$31.1 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Somec S.p.A. - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$30.6 M	-42.19%
2022-12-31	$S$52.93 M	-39.7%
2021-12-31	$S$87.78 M	19.33%
2020-12-31	$S$73.55 M	0.21%
2019-12-31	$S$73.4 M	4.07%
2018-12-31	$S$70.53 M	282.83%
2017-12-31	$S$18.42 M

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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Somec S.p.A. (SOM.MI) - Net assets