Power Mech Projects (POWERMECH.NS)

Net assets on the balance sheet as of March 2024 : €0.21 Billion

According to Power Mech Projects's latest financial reports the company has €0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Power Mech Projects - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$€0.14 B	15.35%
2022-03-31	$€0.12 B	17.19%
2021-03-31	$€0.10 B	-8.53%
2020-03-31	$€0.11 B	8.71%
2019-03-31	$€0.10 B	19.6%
2018-03-31	$€88.71 M	-1.46%
2017-03-31	$€90.02 M	21.91%
2016-03-31	$€73.84 M	40.24%
2015-03-31	$€52.65 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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Power Mech Projects (POWERMECH.NS) - Net assets