Middle East Specialized Cables Company (2370.SR)

Net assets on the balance sheet as of June 2024 : NZ$0.18 B

According to Middle East Specialized Cables Company's latest financial reports the company has NZ$0.18 B 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	$NZ$0.15 B	15.87%
2022-12-31	$NZ$0.13 B	4.43%
2021-12-31	$NZ$0.13 B	-1.65%
2020-12-31	$NZ$0.13 B	-5.79%
2019-12-31	$NZ$0.14 B	-6.99%
2018-12-31	$NZ$0.15 B	-12.5%
2017-12-31	$NZ$0.17 B	2.18%
2016-12-31	$NZ$0.17 B
2015-12-31	$N/A	-100%
2014-12-31	$NZ$0.15 B	-3.91%
2013-12-31	$NZ$0.16 B	70.65%
2012-12-31	$NZ$96.2 M	0.93%
2011-12-31	$NZ$95.31 M	-37.07%
2010-12-31	$NZ$0.15 B	-35.51%
2009-12-31	$NZ$0.23 B	-15.53%
2008-12-31	$NZ$0.27 B	39.75%
2007-12-31	$NZ$0.19 B	30.78%
2006-12-31	$NZ$0.15 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