SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -₹41.68 Billion

According to SmileDirectClub's latest financial reports the company has -₹41.68 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SmileDirectClub - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-₹31.88 Billion	218.75%
2021-12-31	$-₹10.01 Billion	-158.4%
2020-12-31	$₹17.12 B	-48.09%
2019-12-31	$₹32.98 B	-621.6%
2018-12-31	$-₹6.33 Billion	192.54%
2017-12-31	$-₹2.17 Billion

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-₹41.68 Billion	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	₹211.72 B	-608.05%	🇺🇸 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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SmileDirectClub (SDC) - Net assets

Net assets on the balance sheet as of June 2023 : -₹41.68 Billion