Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : C$1.18 Billion

According to Summit Midstream's latest financial reports the company has C$1.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit Midstream - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$C$1.03 B	-9.95%
2021-12-31	$C$1.15 B	-2.06%
2020-12-31	$C$1.17 B	14.74%
2019-12-31	$C$1.02 B	-38.35%
2018-12-31	$C$1.66 B	-4.79%
2017-12-31	$C$1.74 B	11.15%
2016-12-31	$C$1.57 B	-35.15%
2015-12-31	$C$2.42 B	54.52%
2014-12-31	$C$1.56 B	22.62%
2013-12-31	$C$1.27 B	57.03%
2012-12-31	$C$0.81 B	24.98%
2011-12-31	$C$0.65 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	C$20.79 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	C$6.23 B	425.39%	🇺🇸 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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Summit Midstream (SMLP) - Net assets

Net assets on the balance sheet as of March 2024 : C$1.18 Billion