Group Five Pipe Saudi Company (9523.SR)

Net assets on the balance sheet as of December 2023 : C$0.12 B

According to Group Five Pipe Saudi Company's latest financial reports the company has C$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Group Five Pipe Saudi Company - Net assets on balance sheet (from 2021 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$0.11 B	-1.93%
2022-12-31	$C$0.12 B	6.24%
2021-12-31	$C$0.11 B	11.72%
2020-12-31	$C$0.10 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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Group Five Pipe Saudi Company (9523.SR) - Net assets