Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of June 2024 : ₹22.48 B

According to Saudi Steel Pipes's latest financial reports the company has ₹22.48 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹19.86 B	63.9%
2022-12-31	$₹12.12 B	23.18%
2021-12-31	$₹9.84 B	2.43%
2020-12-31	$₹9.60 B	-4.18%
2019-12-31	$₹10.02 B	-3.33%
2018-12-31	$₹10.37 B	-16.53%
2017-12-31	$₹12.42 B	-3.57%
2016-12-31	$₹12.88 B	-3.53%
2015-12-31	$₹13.35 B	-1.81%
2014-12-31	$₹13.60 B	3.84%
2013-12-31	$₹13.10 B	11.64%
2012-12-31	$₹11.73 B	4.9%
2011-12-31	$₹11.18 B	12.47%
2010-12-31	$₹9.94 B	-10.51%
2009-12-31	$₹11.11 B	96.5%
2008-12-31	$₹5.65 B	28.33%
2007-12-31	$₹4.40 B	13.6%
2006-12-31	$₹3.87 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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Saudi Steel Pipes (1320.SR) - Net assets