The Shyft Group (SHYF) - Net assets

Net assets on the balance sheet as of September 2024 : ₹21.32 Billion

According to The Shyft Group's latest financial reports the company has ₹21.32 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

The Shyft Group - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹20.99 B	-5.59%
2022-12-31	$₹22.23 B	11.94%
2021-12-31	$₹19.86 B	35.69%
2020-12-31	$₹14.63 B	19.52%
2019-12-31	$₹12.24 B	-5.87%
2018-12-31	$₹13.01 B	21.1%
2017-12-31	$₹10.74 B	3.37%
2016-12-31	$₹10.39 B	5.33%
2015-12-31	$₹9.86 B	-7.66%
2014-12-31	$₹10.68 B	0.83%
2013-12-31	$₹10.59 B	8.3%
2012-12-31	$₹9.78 B	1.18%
2011-12-31	$₹9.67 B	17.96%
2010-12-31	$₹8.19 B	-2.11%
2009-12-31	$₹8.37 B	2.12%
2008-12-31	$₹8.20 B	61.74%
2007-12-31	$₹5.07 B	10.97%
2006-12-31	$₹4.56 B	39.87%
2005-12-31	$₹3.26 B	11.74%
2004-12-31	$₹2.92 B	5.07%
2003-12-31	$₹2.78 B	2.83%
2002-12-31	$₹2.70 B	51.95%
2001-12-31	$₹1.78 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
The Shyft Group SHYF	₹21.32 B	0.00%	🇺🇸 USA
Nikola NKLA	₹32.00 B	50.10%	🇺🇸 USA
NIO NIO	₹240.60 B	1,028.47%	🇨🇳 China

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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