Synlait Milk (SML.NZ)

Net assets on the balance sheet as of July 2023 : $0.48 Billion USD

According to Synlait Milk's latest financial reports the company has $0.48 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 2023)

Net assets by year

Year	Net assets	Change
2023-07-31	$$0.48 B	4.99%
2022-07-31	$$0.46 B	-13.3%
2021-07-31	$$0.53 B	31.7%
2020-07-31	$$0.40 B	24.65%
2019-07-31	$$0.32 B	12.42%
2018-07-31	$$0.28 B	-1.95%
2017-07-31	$$0.29 B	59.77%
2016-07-31	$$0.18 B	62.93%
2015-07-31	$$0.11 B	-26.97%
2014-07-31	$$0.15 B	18.59%
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