Somec S.p.A. (SOM.MI)

Net assets on the balance sheet as of December 2023 : C$32.58 Million

According to Somec S.p.A.'s latest financial reports the company has C$32.58 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Somec S.p.A. - Net assets on balance sheet (from 2017 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$30.73 M	-42.64%
2022-12-31	$C$53.57 M	-35.25%
2021-12-31	$C$82.75 M	16.72%
2020-12-31	$C$70.89 M	-0.3%
2019-12-31	$C$71.11 M	1.11%
2018-12-31	$C$70.32 M	306.09%
2017-12-31	$C$17.31 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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Somec S.p.A. (SOM.MI) - Net assets