Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of March 2024 : C$0.32 B

According to Shriram Pistons & Rings's latest financial reports the company has C$0.32 B 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	$C$0.25 B	22.94%
2022-03-31	$C$0.20 B	4.62%
2021-03-31	$C$0.19 B	-2.04%
2020-03-31	$C$0.20 B	-0.69%
2019-03-31	$C$0.20 B	12.03%
2018-03-31	$C$0.18 B	11.1%
2017-03-31	$C$0.16 B	19.59%
2016-03-31	$C$0.13 B	10.51%
2015-03-31	$C$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