Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2024 : A$0.54 Billion

According to Synlait Milk's latest financial reports the company has A$0.54 Billion 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 2024)

Net assets by year

Year	Net assets	Change
2024-07-31	$A$0.54 B	-24.7%
2023-07-31	$A$0.73 B	8.31%
2022-07-31	$A$0.67 B	-7.44%
2021-07-31	$A$0.72 B	29.37%
2020-07-31	$A$0.56 B	19.46%
2019-07-31	$A$0.47 B	20.99%
2018-07-31	$A$0.38 B	5.56%
2017-07-31	$A$0.36 B	51.59%
2016-07-31	$A$0.24 B	56.47%
2015-07-31	$A$0.15 B	-7.11%
2014-07-31	$A$0.16 B	14.77%
2013-07-31	$A$0.14 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