EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : ₹15.74 Billion

According to EROAD Limited's latest financial reports the company has ₹15.74 Billion 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	$₹15.07 B	17.71%
2023-03-31	$₹12.80 B	-2.18%
2022-03-31	$₹13.09 B	143.73%
2021-03-31	$₹5.37 B
2019-03-31	$₹2.42 B	-23.49%
2018-03-31	$₹3.16 B	53.17%
2017-03-31	$₹2.06 B	-11.04%
2016-03-31	$₹2.32 B	-4.26%
2015-03-31	$₹2.42 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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EROAD Limited (ERD.NZ) - Net assets