EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : NZ$0.31 Billion

According to EROAD Limited's latest financial reports the company has NZ$0.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EROAD Limited - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$NZ$0.30 B	21.78%
2023-03-31	$NZ$0.24 B	0.44%
2022-03-31	$NZ$0.24 B	136.81%
2021-03-31	$NZ$0.10 B
2019-03-31	$NZ$51.29 M	-23.63%
2018-03-31	$NZ$67.16 M	47.43%
2017-03-31	$NZ$45.55 M	-10.18%
2016-03-31	$NZ$50.71 M	-2.02%
2015-03-31	$NZ$51.76 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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EROAD Limited (ERD.NZ) - Net assets