Spirax-Sarco Engineering (SPX.L)

Net assets on the balance sheet as of December 2023 : $1.47 Billion USD

According to Spirax-Sarco Engineering's latest financial reports the company has $1.47 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spirax-Sarco Engineering - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$1.41 B	3.81%
2021-12-31	$$1.36 B	17.35%
2020-12-31	$$1.16 B	7.22%
2019-12-31	$$1.08 B	11.31%
2018-12-31	$$0.97 B	18.18%
2017-12-31	$$0.82 B	27.31%
2016-12-31	$$0.64 B	9.62%
2015-12-31	$$0.59 B	-14.2%
2014-12-31	$$0.68 B	3.35%
2013-12-31	$$0.66 B	-5.66%
2012-12-31	$$0.70 B	13.46%
2011-12-31	$$0.62 B	6.15%
2010-12-31	$$0.58 B	17.79%
2009-12-31	$$0.49 B	14.65%
2008-12-31	$$0.43 B	-10.12%
2007-12-31	$$0.48 B	23.38%
2006-12-31	$$0.39 B	14.43%
2005-12-31	$$0.34 B	7.09%
2004-12-31	$$0.31 B	8.94%
2003-12-31	$$0.29 B	22.42%
2002-12-31	$$0.23 B	13.77%
2001-12-31	$$0.21 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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Spirax-Sarco Engineering (SPX.L) - Net assets