Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of September 2024 : A$0.41 Billion

According to Shriram Pistons & Rings's latest financial reports the company has A$0.41 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shriram Pistons & Rings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.27 B	26.72%
2022-03-31	$A$0.22 B	7.37%
2021-03-31	$A$0.20 B	-10.73%
2020-03-31	$A$0.23 B	7.31%
2019-03-31	$A$0.21 B	17.47%
2018-03-31	$A$0.18 B	13.99%
2017-03-31	$A$0.16 B	17.12%
2016-03-31	$A$0.13 B	7.82%
2015-03-31	$A$0.12 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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Shriram Pistons & Rings (SHRIPISTON.NS) - Net assets