Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : HK$6.60 Billion

According to Summit Midstream's latest financial reports the company has HK$6.60 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	$HK$5.97 B	-15.26%
2021-12-31	$HK$7.05 B	-1.43%
2020-12-31	$HK$7.15 B	16.99%
2019-12-31	$HK$6.11 B	-36.05%
2018-12-31	$HK$9.56 B	-11.92%
2017-12-31	$HK$10.85 B	19.7%
2016-12-31	$HK$9.07 B	-33.03%
2015-12-31	$HK$13.54 B	29.17%
2014-12-31	$HK$10.48 B	12.51%
2013-12-31	$HK$9.31 B	46.75%
2012-12-31	$HK$6.35 B	27.59%
2011-12-31	$HK$4.97 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	HK$115.64 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	HK$34.68 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 : HK$6.60 Billion