Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : $0.22 Billion USD

According to Power Mech Projects's latest financial reports the company has $0.22 Billion USD 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	$$0.15 B	12.69%
2022-03-31	$$0.13 B	11.57%
2021-03-31	$$0.12 B	-2.78%
2020-03-31	$$0.12 B	6.76%
2019-03-31	$$0.11 B	8.94%
2018-03-31	$$0.10 B	13.69%
2017-03-31	$$96.21 M	14.95%
2016-03-31	$$83.7 M	46.77%
2015-03-31	$$57.02 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