SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -C$0.7 Billion

According to SmileDirectClub's latest financial reports the company has -C$0.7 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SmileDirectClub - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-C$0.53 Billion	205.27%
2021-12-31	$-C$0.18 Billion	-157.35%
2020-12-31	$C$0.29 B	-50.58%
2019-12-31	$C$0.60 B	-590.37%
2018-12-31	$-C$0.13 Billion	189.44%
2017-12-31	$-C$42.57 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-C$0.7 Billion	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	C$3.50 B	-608.05%	🇺🇸 USA

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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SmileDirectClub (SDC) - Net assets

Net assets on the balance sheet as of June 2023 : -C$0.7 Billion