EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : $0.18 Billion USD

According to EROAD Limited's latest financial reports the company has $0.18 Billion USD 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	$$0.18 B	15.9%
2023-03-31	$$0.15 B	-9.66%
2022-03-31	$$0.17 B	136.07%
2021-03-31	$$73.14 M
2019-03-31	$$34.88 M	-28.25%
2018-03-31	$$48.62 M	52.4%
2017-03-31	$$31.9 M	-8.87%
2016-03-31	$$35.01 M	-9.83%
2015-03-31	$$38.82 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