Action Construction Equipment (ACE.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.23 B

According to Action Construction Equipment's latest financial reports the company has NZ$0.23 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Action Construction Equipment - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.17 B	24.69%
2022-03-31	$NZ$0.14 B	40.87%
2021-03-31	$NZ$0.10 B	2.82%
2020-03-31	$NZ$99.08 M	6.89%
2019-03-31	$NZ$92.69 M	14.27%
2018-03-31	$NZ$81.12 M	10.27%
2017-03-31	$NZ$73.56 M	5.63%
2016-03-31	$NZ$69.64 M	12.09%
2015-03-31	$NZ$62.13 M	11.99%
2014-03-31	$NZ$55.48 M	-11.79%
2013-03-31	$NZ$62.89 M	-6.66%
2012-03-31	$NZ$67.38 M	-10.14%
2011-03-31	$NZ$74.99 M	49.84%
2010-03-31	$NZ$50.05 M	-0.27%
2009-03-31	$NZ$50.18 M	23.54%
2008-03-31	$NZ$40.62 M	18.22%
2007-03-31	$NZ$34.36 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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Action Construction Equipment (ACE.NS) - Net assets