Middle East Specialized Cables Company (2370.SR)

Net assets on the balance sheet as of June 2024 : $0.11 Billion USD

According to Middle East Specialized Cables Company's latest financial reports the company has $0.11 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Middle East Specialized Cables Company - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$$0.10 B	15.42%
2022-12-31	$$87.35 M	-3.19%
2021-12-31	$$90.23 M	-6.35%
2020-12-31	$$96.34 M	0.45%
2019-12-31	$$95.91 M	-6.5%
2018-12-31	$$0.10 B	-17.32%
2017-12-31	$$0.12 B	4.77%
2016-12-31	$$0.11 B
2015-12-31	$N/A	-100%
2014-12-31	$$0.12 B	-8.22%
2013-12-31	$$0.13 B	70.95%
2012-12-31	$$78.86 M	6.02%
2011-12-31	$$74.38 M	-36.09%
2010-12-31	$$0.11 B	-31.27%
2009-12-31	$$0.16 B	5.57%
2008-12-31	$$0.16 B	4.34%
2007-12-31	$$0.15 B	43.44%
2006-12-31	$$0.10 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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Middle East Specialized Cables Company (2370.SR) - Net assets