Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -NZ$85.05 Million

According to Spencer's Retail 's latest financial reports the company has -NZ$85.05 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-NZ$29.24 Million	-349.78%
2022-03-31	$NZ$11.7 M	-67.75%
2021-03-31	$NZ$36.28 M	-39.98%
2020-03-31	$NZ$60.45 M	-47.9%
2019-03-31	$NZ$0.11 B	-0.01%
2018-03-31	$NZ$0.11 B

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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Spencer's Retail (SPENCERS.NS) - Net assets