Smartgroup Corporation (SIQ.AX)

Net assets on the balance sheet as of December 2023 : NZ$0.29 Billion

According to Smartgroup Corporation's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Smartgroup Corporation - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.26 B	1.97%
2022-12-31	$NZ$0.25 B	-8.84%
2021-12-31	$NZ$0.28 B	-2.13%
2020-12-31	$NZ$0.28 B	0.37%
2019-12-31	$NZ$0.28 B	-6.3%
2018-12-31	$NZ$0.30 B	36.33%
2017-12-31	$NZ$0.22 B	11.39%
2016-12-31	$NZ$0.20 B	130.2%
2015-12-31	$NZ$87.81 M	27.54%
2014-12-31	$NZ$68.85 M	8.8%
2013-12-31	$NZ$63.28 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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Smartgroup Corporation (SIQ.AX) - Net assets