Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of September 2024 : £0.18 Billion

According to Power Mech Projects's latest financial reports the company has £0.18 Billion 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	$£0.12 B	19.53%
2022-03-31	$£0.10 B	16.73%
2021-03-31	$£89.97 M	-12.51%
2020-03-31	$£0.10 B	12.56%
2019-03-31	$£91.35 M	17.06%
2018-03-31	$£78.04 M	1.22%
2017-03-31	$£77.1 M	32.41%
2016-03-31	$£58.23 M	51.21%
2015-03-31	$£38.5 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