Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -£39.34 Million

According to Spencer's Retail 's latest financial reports the company has -£39.34 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-£14.8 Million	-338.3%
2022-03-31	$£6.2 M	-66.36%
2021-03-31	$£18.45 M	-37.16%
2020-03-31	$£29.36 M	-51.47%
2019-03-31	$£60.51 M	0.94%
2018-03-31	$£59.94 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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Spencer's Retail (SPENCERS.NS) - Net assets