Friedman Industries (FRD)

Net assets on the balance sheet as of June 2024 : S$0.16 B

According to Friedman Industries's latest financial reports the company has S$0.16 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Friedman Industries - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.15 B	42.23%
2022-03-31	$S$0.10 B	22.9%
2021-03-31	$S$87.81 M	-7.77%
2020-03-31	$S$95.21 M	-3.07%
2019-03-31	$S$98.23 M	9.32%
2018-03-31	$S$89.86 M	6.61%
2017-03-31	$S$84.29 M	-1.33%
2016-03-31	$S$85.42 M	-1.76%
2015-03-31	$S$86.96 M	9.14%
2014-03-31	$S$79.67 M	2.02%
2013-03-31	$S$78.1 M	-2%
2012-03-31	$S$79.69 M	7.39%
2011-03-31	$S$74.21 M	-5.94%
2010-03-31	$S$78.9 M	-7.69%
2009-03-31	$S$85.47 M	37.85%
2008-03-31	$S$62 M	-2.94%
2007-03-31	$S$63.88 M	5.82%
2006-03-31	$S$60.37 M	3.43%
2005-03-31	$S$58.37 M	4.97%
2004-03-31	$S$55.6 M	0.79%
2003-03-31	$S$55.17 M	-1.99%
2002-03-31	$S$56.29 M	2.08%
2001-03-31	$S$55.14 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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Friedman Industries (FRD) - Net assets