Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : £0.67 Billion

According to Summit Midstream's latest financial reports the company has £0.67 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	$£0.63 B	-5.64%
2021-12-31	$£0.66 B	-1.05%
2020-12-31	$£0.67 B	13.07%
2019-12-31	$£0.59 B	-37.76%
2018-12-31	$£0.96 B	-6.43%
2017-12-31	$£1.02 B	8.47%
2016-12-31	$£0.94 B	-19.6%
2015-12-31	$£1.17 B	35.81%
2014-12-31	$£0.86 B	19.17%
2013-12-31	$£0.72 B	43.73%
2012-12-31	$£0.50 B	22.94%
2011-12-31	$£0.41 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	£11.83 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	£3.54 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 : £0.67 Billion