Action Construction Equipment (ACE.NS)

Net assets on the balance sheet as of March 2024 : S$0.19 Billion

According to Action Construction Equipment's latest financial reports the company has S$0.19 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Action Construction Equipment - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.14 B	10.61%
2022-03-31	$S$0.13 B	40.13%
2021-03-31	$S$96.02 M	14.8%
2020-03-31	$S$83.63 M	-2.12%
2019-03-31	$S$85.45 M	11.03%
2018-03-31	$S$76.96 M	6.76%
2017-03-31	$S$72.09 M	10.85%
2016-03-31	$S$65.03 M	1.21%
2015-03-31	$S$64.25 M	6.17%
2014-03-31	$S$60.51 M	-7.36%
2013-03-31	$S$65.32 M	-6.03%
2012-03-31	$S$69.51 M	-3.71%
2011-03-31	$S$72.2 M	45.27%
2010-03-31	$S$49.7 M	15.88%
2009-03-31	$S$42.88 M	-4.7%
2008-03-31	$S$45 M	20.65%
2007-03-31	$S$37.3 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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Action Construction Equipment (ACE.NS) - Net assets