Shimmick (SHIM) - Net Assets

Net assets on the balance sheet as of December 2024 : -S$46.66 Million

According to Shimmick's latest financial reports the company has -S$46.66 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shimmick - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$93.09 M	34.59%
2022-12-31	$S$69.16 M	8.81%
2021-12-31	$S$63.56 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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Shimmick (SHIM) - Net assets