RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of September 2024 : C$0.46 Billion

According to RITES 's latest financial reports the company has C$0.46 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	$C$0.44 B	4.85%
2022-03-31	$C$0.42 B	0.22%
2021-03-31	$C$0.42 B	-16.52%
2020-03-31	$C$0.51 B	6.48%
2019-03-31	$C$0.47 B	6.49%
2018-03-31	$C$0.45 B	4.37%
2017-03-31	$C$0.43 B	15.48%
2016-03-31	$C$0.37 B	8.95%
2015-03-31	$C$0.34 B	29.8%
2014-03-31	$C$0.26 B	13.98%
2013-03-31	$C$0.23 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