Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : C$0.29 B

According to Power Mech Projects's latest financial reports the company has C$0.29 B 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	$C$0.21 B	22.12%
2022-03-31	$C$0.17 B	10.25%
2021-03-31	$C$0.15 B	-13.51%
2020-03-31	$C$0.18 B	13.49%
2019-03-31	$C$0.15 B	12.64%
2018-03-31	$C$0.14 B	10.42%
2017-03-31	$C$0.12 B	17.47%
2016-03-31	$C$0.10 B	50.38%
2015-03-31	$C$72.4 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