Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of September 2024 : £0.20 Billion

According to Shriram Pistons & Rings's latest financial reports the company has £0.20 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shriram Pistons & Rings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$£0.19 B	24.13%
2023-03-31	$£0.15 B	22.74%
2022-03-31	$£0.12 B	10.77%
2021-03-31	$£0.11 B	-0.91%
2020-03-31	$£0.11 B	-1.5%
2019-03-31	$£0.11 B	16.43%
2018-03-31	$£0.10 B	1.84%
2017-03-31	$£98.25 M	34.8%
2016-03-31	$£72.88 M	11.12%
2015-03-31	$£65.59 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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Shriram Pistons & Rings (SHRIPISTON.NS) - Net assets