EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : €0.16 Billion

According to EROAD Limited's latest financial reports the company has €0.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EROAD Limited - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$€0.16 B	17.03%
2023-03-31	$€0.14 B	-7.52%
2022-03-31	$€0.15 B	147.95%
2021-03-31	$€62.38 M
2019-03-31	$€31.06 M	-21.23%
2018-03-31	$€39.43 M	32.09%
2017-03-31	$€29.85 M	-3.35%
2016-03-31	$€30.88 M	-13.84%
2015-03-31	$€35.85 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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EROAD Limited (ERD.NZ) - Net assets