RITES (RITES.NS) - Net Assets

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

According to RITES 's latest financial reports the company has £0.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

RITES - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.26 B	2.67%
2022-03-31	$£0.26 B	6.02%
2021-03-31	$£0.24 B	-15.59%
2020-03-31	$£0.29 B	5.71%
2019-03-31	$£0.27 B	10.67%
2018-03-31	$£0.24 B	-4.05%
2017-03-31	$£0.25 B	29.47%
2016-03-31	$£0.20 B	9.63%
2015-03-31	$£0.18 B	27.2%
2014-03-31	$£0.14 B	-4.13%
2013-03-31	$£0.14 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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RITES (RITES.NS) - Net assets