Ringmetall (HP3A.DE)

Net assets on the balance sheet as of December 2023 : ₹7.43 Billion

According to Ringmetall's latest financial reports the company has ₹7.43 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Ringmetall - Net assets on balance sheet (from 2013 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹6.87 B	27.96%
2021-12-31	$₹5.37 B	20.47%
2020-12-31	$₹4.46 B	11.68%
2019-12-31	$₹3.99 B	2.88%
2018-12-31	$₹3.88 B	29.6%
2017-12-31	$₹2.99 B	59.32%
2016-12-31	$₹1.88 B	44.41%
2015-12-31	$₹1.30 B	-8.08%
2014-12-31	$₹1.41 B	-7.18%
2013-12-31	$₹1.52 B	62.99%
2012-12-31	$₹0.93 B	-2.93%
2011-12-31	$₹0.96 B	15.69%
2010-12-31	$₹0.83 B	-2.67%
2009-12-31	$₹0.85 B	-18.77%
2008-12-31	$₹1.05 B	6.84%
2007-12-31	$₹0.98 B	-20.43%
2006-12-31	$₹1.24 B

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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Ringmetall (HP3A.DE) - Net assets