Friedman Industries (FRD)

Net assets on the balance sheet as of June 2024 : A$0.19 B

According to Friedman Industries's latest financial reports the company has A$0.19 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Friedman Industries - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.17 B	62.1%
2022-03-31	$A$0.10 B	23.95%
2021-03-31	$A$85.78 M	-21.72%
2020-03-31	$A$0.10 B	7.13%
2019-03-31	$A$0.10 B	14.59%
2018-03-31	$A$89.26 M	13.08%
2017-03-31	$A$78.93 M	-4.34%
2016-03-31	$A$82.51 M	-0.19%
2015-03-31	$A$82.67 M	20.76%
2014-03-31	$A$68.46 M	13.26%
2013-03-31	$A$60.44 M	-1.05%
2012-03-31	$A$61.09 M	7.35%
2011-03-31	$A$56.91 M	-7.22%
2010-03-31	$A$61.34 M	-25.6%
2009-03-31	$A$82.44 M	68.92%
2008-03-31	$A$48.81 M	-6.35%
2007-03-31	$A$52.11 M	-0.84%
2006-03-31	$A$52.55 M	14.88%
2005-03-31	$A$45.75 M	4.36%
2004-03-31	$A$43.84 M	-15.36%
2003-03-31	$A$51.79 M	-9.36%
2002-03-31	$A$57.14 M	-9.08%
2001-03-31	$A$62.85 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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Friedman Industries (FRD) - Net assets