Summit Midstream (SMLP)

Net assets on the balance sheet as of March 2024 : $0.84 Billion USD

According to Summit Midstream's latest financial reports the company has $0.84 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Summit Midstream - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.76 B	-15.43%
2021-12-31	$$0.90 B	-2.01%
2020-12-31	$$0.92 B	17.53%
2019-12-31	$$0.78 B	-35.7%
2018-12-31	$$1.22 B	-12.12%
2017-12-31	$$1.38 B	18.81%
2016-12-31	$$1.16 B	-33.06%
2015-12-31	$$1.74 B	29.26%
2014-12-31	$$1.35 B	12.48%
2013-12-31	$$1.20 B	46.69%
2012-12-31	$$0.81 B	27.84%
2011-12-31	$$0.64 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Williams Companies WMB	$14.86 B	1,651.68%	🇺🇸 USA
Targa Resources TRGP	$4.45 B	425.39%	🇺🇸 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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Summit Midstream (SMLP) - Net assets

Net assets on the balance sheet as of March 2024 : $0.84 Billion USD