RITES (RITES.NS) - Net Assets

Net assets on the balance sheet as of March 2024 : ₹27.53 Billion

According to RITES 's latest financial reports the company has ₹27.53 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	$₹27.19 B	4.8%
2022-03-31	$₹25.94 B	4.62%
2021-03-31	$₹24.80 B	-8.64%
2020-03-31	$₹27.14 B	8.86%
2019-03-31	$₹24.93 B	9.84%
2018-03-31	$₹22.70 B	8.32%
2017-03-31	$₹20.96 B	9.73%
2016-03-31	$₹19.10 B	12.98%
2015-03-31	$₹16.90 B	18.22%
2014-03-31	$₹14.30 B	15.68%
2013-03-31	$₹12.36 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