Arabian Drilling Company (2381.SR)

Net assets on the balance sheet as of September 2024 : NZ$2.66 Billion

According to Arabian Drilling Company's latest financial reports the company has NZ$2.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Arabian Drilling Company - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$NZ$2.34 B	43.15%
2021-12-31	$NZ$1.63 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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Arabian Drilling Company (2381.SR) - Net assets