Spring Airlines (601021.SS)

Net assets on the balance sheet as of September 2024 : C$3.56 Billion

According to Spring Airlines 's latest financial reports the company has C$3.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spring Airlines - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$2.69 B	-2.02%
2021-12-31	$C$2.74 B	3.26%
2020-12-31	$C$2.66 B	-5.59%
2019-12-31	$C$2.82 B	6.85%
2018-12-31	$C$2.63 B	61.36%
2017-12-31	$C$1.63 B	15.41%
2016-12-31	$C$1.41 B	1.26%
2015-12-31	$C$1.39 B	110.19%
2014-12-31	$C$0.66 B	38.02%
2013-12-31	$C$0.48 B	45.92%
2012-12-31	$C$0.33 B	41.03%
2011-12-31	$C$0.23 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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Spring Airlines (601021.SS) - Net assets