RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of March 2024 : NZ$0.54 Billion

According to RITES 's latest financial reports the company has NZ$0.54 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RITES - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.52 B	7.61%
2022-03-31	$NZ$0.49 B	1.64%
2021-03-31	$NZ$0.48 B	-19.39%
2020-03-31	$NZ$0.59 B	13.47%
2019-03-31	$NZ$0.52 B	9.63%
2018-03-31	$NZ$0.48 B	4.25%
2017-03-31	$NZ$0.46 B	10.79%
2016-03-31	$NZ$0.41 B	15.63%
2015-03-31	$NZ$0.36 B	30.8%
2014-03-31	$NZ$0.27 B	1.35%
2013-03-31	$NZ$0.27 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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RITES (RITES.NS) - Net assets