Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of September 2024 : NZ$0.40 Billion

According to Power Mech Projects's latest financial reports the company has NZ$0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Power Mech Projects - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.24 B	25.29%
2022-03-31	$NZ$0.19 B	11.92%
2021-03-31	$NZ$0.17 B	-16.44%
2020-03-31	$NZ$0.21 B	20.83%
2019-03-31	$NZ$0.17 B	15.96%
2018-03-31	$NZ$0.15 B	9.98%
2017-03-31	$NZ$0.13 B	13.3%
2016-03-31	$NZ$0.12 B	59.48%
2015-03-31	$NZ$76.02 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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Power Mech Projects (POWERMECH.NS) - Net assets