Action Construction Equipment (ACE.NS)

Net assets on the balance sheet as of March 2024 : A$0.22 Billion

According to Action Construction Equipment's latest financial reports the company has A$0.22 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	$A$0.16 B	25.85%
2022-03-31	$A$0.13 B	41.53%
2021-03-31	$A$93.68 M	-1.62%
2020-03-31	$A$95.22 M	7.02%
2019-03-31	$A$88.97 M	16.38%
2018-03-31	$A$76.45 M	13.44%
2017-03-31	$A$67.39 M	7.28%
2016-03-31	$A$62.82 M	3.02%
2015-03-31	$A$60.98 M	17.51%
2014-03-31	$A$51.89 M	2.64%
2013-03-31	$A$50.56 M	-5.12%
2012-03-31	$A$53.29 M	-3.95%
2011-03-31	$A$55.48 M	43.02%
2010-03-31	$A$38.79 M	-4.79%
2009-03-31	$A$40.74 M	14.02%
2008-03-31	$A$35.73 M	17.43%
2007-03-31	$A$30.43 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