EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : A$0.28 Billion

According to EROAD Limited's latest financial reports the company has A$0.28 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EROAD Limited - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$A$0.27 B	19.48%
2023-03-31	$A$0.23 B	0.92%
2022-03-31	$A$0.23 B	139.4%
2021-03-31	$A$96.12 M
2019-03-31	$A$49.23 M	-22.21%
2018-03-31	$A$63.29 M	51.87%
2017-03-31	$A$41.67 M	-8.8%
2016-03-31	$A$45.7 M	-9.86%
2015-03-31	$A$50.7 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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EROAD Limited (ERD.NZ) - Net assets