EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : C$0.25 Billion

According to EROAD Limited's latest financial reports the company has C$0.25 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	$C$0.24 B	16.07%
2023-03-31	$C$0.21 B	-2.13%
2022-03-31	$C$0.21 B	133.48%
2021-03-31	$C$92.3 M
2019-03-31	$C$46.57 M	-25.82%
2018-03-31	$C$62.78 M	47.59%
2017-03-31	$C$42.53 M	-6.37%
2016-03-31	$C$45.43 M	-7.67%
2015-03-31	$C$49.2 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