Group Five Pipe Saudi Company (9523.SR)

Net assets on the balance sheet as of December 2023 : £70.85 Million

According to Group Five Pipe Saudi Company's latest financial reports the company has £70.85 Million 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	$£70.09 M	-4.72%
2022-12-31	$£73.56 M	11.33%
2021-12-31	$£66.07 M	12.87%
2020-12-31	$£58.54 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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Group Five Pipe Saudi Company (9523.SR) - Net assets