Marks Electrical Group (MRK.L)

Net assets on the balance sheet as of March 2024 : NZ$30.28 Million

According to Marks Electrical Group's latest financial reports the company has NZ$30.28 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Marks Electrical Group - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$NZ$29.01 M	6.23%
2023-03-31	$NZ$27.31 M	53.99%
2022-03-31	$NZ$17.73 M	-13.02%
2021-03-31	$NZ$20.39 M	146.73%
2020-03-31	$NZ$8.26 M	19.33%
2019-03-31	$NZ$6.92 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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Marks Electrical Group (MRK.L) - Net assets