MEP Infrastructure (MEP.NS)

Net assets on the balance sheet as of September 2023 : -NZ$83.5 Million

According to MEP Infrastructure 's latest financial reports the company has -NZ$83.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

MEP Infrastructure - Net assets on balance sheet (from 2015 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$-NZ$90.66 Million	351.03%
2022-03-31	$-NZ$20.1 Million	-187.95%
2021-03-31	$NZ$22.85 M	-46.69%
2020-03-31	$NZ$42.86 M	-23.7%
2019-03-31	$NZ$56.18 M	342.68%
2018-03-31	$NZ$12.69 M	-827.55%
2017-03-31	$-NZ$1.75 Million	-92.89%
2016-03-31	$-NZ$24.55 Million	-69.63%
2015-03-31	$-NZ$80.82 Million

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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MEP Infrastructure (MEP.NS) - Net assets