Action Construction Equipment (ACE.NS)

Net assets on the balance sheet as of September 2024 : NZ$0.29 Billion

According to Action Construction Equipment's latest financial reports the company has NZ$0.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Action Construction Equipment - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.17 B	25.26%
2022-03-31	$NZ$0.14 B	40%
2021-03-31	$NZ$0.10 B	4.29%
2020-03-31	$NZ$97.74 M	5.45%
2019-03-31	$NZ$92.69 M	14.27%
2018-03-31	$NZ$81.12 M	10.12%
2017-03-31	$NZ$73.67 M	5.66%
2016-03-31	$NZ$69.72 M	11.99%
2015-03-31	$NZ$62.26 M	12.32%
2014-03-31	$NZ$55.43 M	-11.87%
2013-03-31	$NZ$62.89 M	-6.66%
2012-03-31	$NZ$67.38 M	-10.31%
2011-03-31	$NZ$75.13 M	49.55%
2010-03-31	$NZ$50.23 M	-0.16%
2009-03-31	$NZ$50.31 M	20.95%
2008-03-31	$NZ$41.6 M	21.08%
2007-03-31	$NZ$34.36 M

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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Action Construction Equipment (ACE.NS) - Net assets