Automotive Axles (AUTOAXLES.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.16 B

According to Automotive Axles's latest financial reports the company has NZ$0.16 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Automotive Axles - Net assets on balance sheet (from 2011 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.14 B	25.03%
2022-03-31	$NZ$0.11 B	9.04%
2021-03-31	$NZ$0.10 B	-8.98%
2020-03-31	$NZ$0.11 B	4.32%
2019-03-31	$NZ$0.11 B	20.95%
2018-03-31	$NZ$94.25 M	13.85%
2017-03-31	$NZ$82.78 M	12.17%
2016-03-31	$NZ$73.8 M
2014-09-30	$NZ$61.43 M	13.36%
2013-09-30	$NZ$54.19 M	-12.33%
2012-09-30	$NZ$61.81 M	-4.5%
2011-09-30	$NZ$64.72 M	4.89%
2010-09-30	$NZ$61.71 M	21.73%
2009-09-30	$NZ$50.69 M	-4.04%
2008-09-30	$NZ$52.83 M	25.28%
2007-09-30	$NZ$42.16 M	32.46%
2006-09-30	$NZ$31.83 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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Automotive Axles (AUTOAXLES.NS) - Net assets