Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of September 2024 : $0.28 Billion USD

According to Saudi Steel Pipes's latest financial reports the company has $0.28 Billion USD 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	$$0.23 B	62.92%
2022-12-31	$$0.14 B	10.93%
2021-12-31	$$0.13 B	0.35%
2020-12-31	$$0.13 B	-6.59%
2019-12-31	$$0.14 B	-5.53%
2018-12-31	$$0.14 B	-23.38%
2017-12-31	$$0.19 B	2.63%
2016-12-31	$$0.18 B	-5.67%
2015-12-31	$$0.20 B	-6.48%
2014-12-31	$$0.21 B	1.4%
2013-12-31	$$0.21 B	-1.08%
2012-12-31	$$0.21 B	1.34%
2011-12-31	$$0.21 B	-4.69%
2010-12-31	$$0.22 B	-7.01%
2009-12-31	$$0.23 B	109.71%
2008-12-31	$$0.11 B	1.79%
2007-12-31	$$0.11 B	27.6%
2006-12-31	$$87.6 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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Saudi Steel Pipes (1320.SR) - Net assets