Orient Electric (ORIENTELEC.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.12 B

According to Orient Electric 's latest financial reports the company has NZ$0.12 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orient Electric - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.11 B	10.9%
2022-03-31	$NZ$0.10 B	15.42%
2021-03-31	$NZ$88.72 M	11.87%
2020-03-31	$NZ$79.31 M	22.19%
2019-03-31	$NZ$64.9 M	16.24%
2018-03-31	$NZ$55.83 M	18.98%
2017-03-31	$NZ$46.93 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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Orient Electric (ORIENTELEC.NS) - Net assets