Symbotic (SYM) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$2.95 Billion

According to Symbotic's latest financial reports the company has HK$2.95 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Symbotic - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-09-30	$-HK$21.27 Million	-103.93%
2022-09-30	$HK$0.54 B	-106.24%
2021-09-30	$-HK$8.67 Billion	32.42%
2020-09-30	$-HK$6.55 Billion

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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Symbotic (SYM) - Net assets