Stelco (STLC.TO) - Net Assets

Net assets on the balance sheet as of June 2024 : A$1.48 Billion

According to Stelco's latest financial reports the company has A$1.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Stelco - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$1.43 B	-5.74%
2022-12-31	$A$1.52 B	-2.24%
2021-12-31	$A$1.55 B	443.03%
2020-12-31	$A$0.28 B	-41.76%
2019-12-31	$A$0.49 B	-16.86%
2018-12-31	$A$0.59 B	16.89%
2017-12-31	$A$0.50 B	-114.92%
2016-12-31	$-A$3.4 Billion	10.23%
2015-12-31	$-A$3.08 Billion	5.36%
2014-12-31	$-A$2.93 Billion	20.1%
2013-12-31	$-A$2.44 Billion

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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Stelco (STLC.TO) - Net assets