Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : S$1.14 Billion

According to Summit Midstream's latest financial reports the company has S$1.14 Billion 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	$S$1.02 B	-16.14%
2021-12-31	$S$1.22 B	0.14%
2020-12-31	$S$1.22 B	15.33%
2019-12-31	$S$1.05 B	-36.55%
2018-12-31	$S$1.66 B	-10.24%
2017-12-31	$S$1.85 B	9.79%
2016-12-31	$S$1.69 B	-31.51%
2015-12-31	$S$2.47 B	38.38%
2014-12-31	$S$1.78 B	17.31%
2013-12-31	$S$1.52 B	51.98%
2012-12-31	$S$1.00 B	20.72%
2011-12-31	$S$0.82 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	S$20.01 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	S$6.00 B	425.39%	🇺🇸 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 : S$1.14 Billion