SCHMID Group (SHMD) - Net Assets

Net assets on the balance sheet as of December 2023 : -$19.73 Million USD

According to SCHMID Group's latest financial reports the company has -$19.73 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SCHMID Group - Net assets on balance sheet (from 2022 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$-$19.73 Million	-66.15%
2022-12-31	$-$58.27 Million	-12.83%
2021-12-31	$-$66.84 Million	-27.95%
2020-12-31	$-$92.77 Million

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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SCHMID Group (SHMD) - Net assets