Converge Technology Solutions (CTS.TO)

Net assets on the balance sheet as of September 2024 : ₹22.71 Billion

According to Converge Technology Solutions's latest financial reports the company has ₹22.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Converge Technology Solutions - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹38.42 B	-0.12%
2022-12-31	$₹38.46 B	1.52%
2021-12-31	$₹37.89 B	549.32%
2020-12-31	$₹5.83 B	-1182.15%
2019-12-31	$-₹0.54 Billion	133.26%
2018-12-31	$-₹0.24 Billion

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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Converge Technology Solutions (CTS.TO) - Net assets