RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of September 2024 : A$0.51 Billion

According to RITES 's latest financial reports the company has A$0.51 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RITES - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.49 B	8.12%
2022-03-31	$A$0.45 B	2.76%
2021-03-31	$A$0.44 B	-23.96%
2020-03-31	$A$0.58 B	15.16%
2019-03-31	$A$0.50 B	11.66%
2018-03-31	$A$0.45 B	7.4%
2017-03-31	$A$0.42 B	12.48%
2016-03-31	$A$0.37 B	6.37%
2015-03-31	$A$0.35 B	36.85%
2014-03-31	$A$0.25 B	18.03%
2013-03-31	$A$0.21 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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RITES (RITES.NS) - Net assets