SmileDirectClub (SDC)

Net assets on the balance sheet as of June 2023 : -$0.5 Billion USD

According to SmileDirectClub's latest financial reports the company has -$0.5 Billion USD 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	$-$0.39 Billion	186.7%
2021-12-31	$-$0.14 Billion	-157.38%
2020-12-31	$$0.23 B	-49.38%
2019-12-31	$$0.46 B	-611.45%
2018-12-31	$-$90.44 Million	167.14%
2017-12-31	$-$33.86 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
SmileDirectClub SDC	-$0.5 Billion	0.00%	🇺🇸 USA
Dentsply Sirona XRAY	$2.49 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 : -$0.5 Billion USD