RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of March 2024 : S$0.42 B

According to RITES 's latest financial reports the company has S$0.42 B 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	$S$0.44 B	-4.92%
2022-03-31	$S$0.46 B	1.6%
2021-03-31	$S$0.45 B	-11.08%
2020-03-31	$S$0.51 B	5.28%
2019-03-31	$S$0.48 B	6.53%
2018-03-31	$S$0.45 B	1.24%
2017-03-31	$S$0.45 B	15.81%
2016-03-31	$S$0.38 B	4.71%
2015-03-31	$S$0.37 B	23.83%
2014-03-31	$S$0.30 B	6.37%
2013-03-31	$S$0.28 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