Friedman Industries (FRD)

Net assets on the balance sheet as of June 2024 : A$0.19 Billion

According to Friedman Industries's latest financial reports the company has A$0.19 Billion 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	$A$0.17 B	61.81%
2022-03-31	$A$0.10 B	23.68%
2021-03-31	$A$85.87 M	-20.77%
2020-03-31	$A$0.10 B	5.97%
2019-03-31	$A$0.10 B	14.59%
2018-03-31	$A$89.26 M	13.22%
2017-03-31	$A$78.84 M	-4.49%
2016-03-31	$A$82.54 M	-0%
2015-03-31	$A$82.54 M	20.74%
2014-03-31	$A$68.36 M	13.1%
2013-03-31	$A$60.44 M	-1.05%
2012-03-31	$A$61.09 M	7.21%
2011-03-31	$A$56.98 M	-7.43%
2010-03-31	$A$61.55 M	-24.11%
2009-03-31	$A$81.11 M	64.88%
2008-03-31	$A$49.19 M	-5.61%
2007-03-31	$A$52.11 M	-0.84%
2006-03-31	$A$52.55 M	14.88%
2005-03-31	$A$45.75 M	4.36%
2004-03-31	$A$43.84 M	-15.36%
2003-03-31	$A$51.79 M	-9.36%
2002-03-31	$A$57.14 M	-9.08%
2001-03-31	$A$62.85 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