Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of June 2024 : ₹22.62 Billion

According to Saudi Steel Pipes's latest financial reports the company has ₹22.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹19.86 B	63.9%
2022-12-31	$₹12.12 B	23.33%
2021-12-31	$₹9.82 B	2.13%
2020-12-31	$₹9.62 B	-4.2%
2019-12-31	$₹10.04 B	-3.66%
2018-12-31	$₹10.42 B	-16.09%
2017-12-31	$₹12.42 B	-3.57%
2016-12-31	$₹12.88 B	-3.54%
2015-12-31	$₹13.36 B	-1.94%
2014-12-31	$₹13.62 B	4.03%
2013-12-31	$₹13.09 B	11.62%
2012-12-31	$₹11.73 B	4.89%
2011-12-31	$₹11.18 B	12.52%
2010-12-31	$₹9.94 B	-10.2%
2009-12-31	$₹11.07 B	102.44%
2008-12-31	$₹5.46 B	24.67%
2007-12-31	$₹4.38 B	13.07%
2006-12-31	$₹3.87 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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Saudi Steel Pipes (1320.SR) - Net assets