Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of June 2024 : A$0.40 B

According to Saudi Steel Pipes's latest financial reports the company has A$0.40 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$0.35 B	62.73%
2022-12-31	$A$0.21 B	18.53%
2021-12-31	$A$0.18 B	6.35%
2020-12-31	$A$0.17 B	-14.78%
2019-12-31	$A$0.20 B	-5.29%
2018-12-31	$A$0.21 B	-15.12%
2017-12-31	$A$0.24 B	-5.24%
2016-12-31	$A$0.26 B	-4.68%
2015-12-31	$A$0.27 B	5.28%
2014-12-31	$A$0.26 B	10.3%
2013-12-31	$A$0.23 B	14.99%
2012-12-31	$A$0.20 B	0.22%
2011-12-31	$A$0.20 B	-5.89%
2010-12-31	$A$0.21 B	-17.86%
2009-12-31	$A$0.26 B	61.94%
2008-12-31	$A$0.16 B	28.78%
2007-12-31	$A$0.12 B	15.11%
2006-12-31	$A$0.11 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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Saudi Steel Pipes (1320.SR) - Net assets