Middle East Specialized Cables Company (2370.SR)

Net assets on the balance sheet as of June 2024 : A$0.17 B

According to Middle East Specialized Cables Company's latest financial reports the company has A$0.17 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Middle East Specialized Cables Company - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.14 B	15.28%
2022-12-31	$A$0.12 B	3.44%
2021-12-31	$A$0.12 B	-0.75%
2020-12-31	$A$0.12 B	-8.37%
2019-12-31	$A$0.13 B	-6.27%
2018-12-31	$A$0.14 B	-8.4%
2017-12-31	$A$0.15 B	-3.27%
2016-12-31	$A$0.16 B
2015-12-31	$N/A	-100%
2014-12-31	$A$0.15 B	-0.17%
2013-12-31	$A$0.15 B	98.71%
2012-12-31	$A$76.07 M	4.85%
2011-12-31	$A$72.55 M	-36.89%
2010-12-31	$A$0.11 B	-39.29%
2009-12-31	$A$0.18 B	-18.48%
2008-12-31	$A$0.23 B	32.01%
2007-12-31	$A$0.17 B	29.4%
2006-12-31	$A$0.13 B

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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Middle East Specialized Cables Company (2370.SR) - Net assets