Shimmick (SHIM) - Net Assets

Net assets on the balance sheet as of December 2024 : -A$54.27 Million

According to Shimmick's latest financial reports the company has -A$54.27 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shimmick - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.10 B	36.46%
2022-12-31	$A$75.81 M	16.9%
2021-12-31	$A$64.85 M

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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Shimmick (SHIM) - Net assets