Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of June 2024 : NZ$0.43 B

According to Saudi Steel Pipes's latest financial reports the company has NZ$0.43 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.37 B	63.56%
2022-12-31	$NZ$0.23 B	19.66%
2021-12-31	$NZ$0.19 B	5.38%
2020-12-31	$NZ$0.18 B	-12.38%
2019-12-31	$NZ$0.20 B	-6.02%
2018-12-31	$NZ$0.22 B	-18.91%
2017-12-31	$NZ$0.27 B	0.1%
2016-12-31	$NZ$0.27 B	-6.9%
2015-12-31	$NZ$0.29 B	7.32%
2014-12-31	$NZ$0.27 B	6.16%
2013-12-31	$NZ$0.25 B	-1.25%
2012-12-31	$NZ$0.26 B	-3.53%
2011-12-31	$NZ$0.27 B	-6.16%
2010-12-31	$NZ$0.28 B	-12.75%
2009-12-31	$NZ$0.33 B	67.79%
2008-12-31	$NZ$0.19 B	36.34%
2007-12-31	$NZ$0.14 B	16.34%
2006-12-31	$NZ$0.12 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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Saudi Steel Pipes (1320.SR) - Net assets