Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2024 : $0.35 Billion USD

According to Synlait Milk's latest financial reports the company has $0.35 Billion USD 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	$$0.35 B	-26.6%
2023-07-31	$$0.49 B	4.36%
2022-07-31	$$0.46 B	-12.15%
2021-07-31	$$0.53 B	32.99%
2020-07-31	$$0.40 B	24.67%
2019-07-31	$$0.32 B	11.65%
2018-07-31	$$0.28 B	-2.08%
2017-07-31	$$0.29 B	59.8%
2016-07-31	$$0.18 B	63%
2015-07-31	$$0.11 B	-27.26%
2014-07-31	$$0.15 B	19.28%
2013-07-31	$$0.13 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