Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : A$0.34 Billion

According to Power Mech Projects's latest financial reports the company has A$0.34 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Power Mech Projects - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.23 B	25.88%
2022-03-31	$A$0.18 B	13.15%
2021-03-31	$A$0.16 B	-21.18%
2020-03-31	$A$0.20 B	22.63%
2019-03-31	$A$0.16 B	18.11%
2018-03-31	$A$0.14 B	13.29%
2017-03-31	$A$0.12 B	15.04%
2016-03-31	$A$0.10 B	46.71%
2015-03-31	$A$74.46 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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Power Mech Projects (POWERMECH.NS) - Net assets