EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : £0.13 Billion

According to EROAD Limited's latest financial reports the company has £0.13 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	$£0.14 B	13.71%
2023-03-31	$£0.12 B	-4.17%
2022-03-31	$£0.13 B	146.99%
2021-03-31	$£53.2 M
2019-03-31	$£26.74 M	-22.9%
2018-03-31	$£34.69 M	35.68%
2017-03-31	$£25.56 M	4.97%
2016-03-31	$£24.35 M	-7.1%
2015-03-31	$£26.21 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