Middle East Specialized Cables Company (2370.SR)

Net assets on the balance sheet as of September 2024 : NZ$0.21 Billion

According to Middle East Specialized Cables Company's latest financial reports the company has NZ$0.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Middle East Specialized Cables Company - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$NZ$0.15 B	15.87%
2022-12-31	$NZ$0.13 B	4.15%
2021-12-31	$NZ$0.13 B	-1.07%
2020-12-31	$NZ$0.13 B	-6.24%
2019-12-31	$NZ$0.14 B	-6.88%
2018-12-31	$NZ$0.15 B	-12.46%
2017-12-31	$NZ$0.17 B	2.18%
2016-12-31	$NZ$0.17 B
2015-12-31	$N/A	-100%
2014-12-31	$NZ$0.15 B	-3.74%
2013-12-31	$NZ$0.16 B	71.13%
2012-12-31	$NZ$95.87 M	0.59%
2011-12-31	$NZ$95.31 M	-36.82%
2010-12-31	$NZ$0.15 B	-35.29%
2009-12-31	$NZ$0.23 B	-15.65%
2008-12-31	$NZ$0.27 B	37.73%
2007-12-31	$NZ$0.20 B	31.92%
2006-12-31	$NZ$0.15 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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Middle East Specialized Cables Company (2370.SR) - Net assets