RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of September 2024 : $0.32 Billion USD

According to RITES 's latest financial reports the company has $0.32 Billion USD 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	$$0.33 B	-3.21%
2022-03-31	$$0.34 B	1.33%
2021-03-31	$$0.33 B	-6.21%
2020-03-31	$$0.36 B	0.26%
2019-03-31	$$0.35 B	3%
2018-03-31	$$0.34 B	7.78%
2017-03-31	$$0.32 B	12.4%
2016-03-31	$$0.28 B	6.41%
2015-03-31	$$0.27 B	13.18%
2014-03-31	$$0.23 B	4.95%
2013-03-31	$$0.22 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