Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of September 2024 : NZ$15.04 Billion

According to Rural Electrification Corp's latest financial reports the company has NZ$15.04 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$11.29 B	16.3%
2022-03-31	$NZ$9.70 B	13.92%
2021-03-31	$NZ$8.52 B	9.09%
2020-03-31	$NZ$7.81 B	6.8%
2019-03-31	$NZ$7.31 B	5.81%
2018-03-31	$NZ$6.91 B	1.81%
2017-03-31	$NZ$6.78 B	7.66%
2016-03-31	$NZ$6.30 B	17.94%
2015-03-31	$NZ$5.34 B	33.34%
2014-03-31	$NZ$4.01 B	3.96%
2013-03-31	$NZ$3.85 B	10.1%
2012-03-31	$NZ$3.50 B	-7.15%
2011-03-31	$NZ$3.77 B	7.63%
2010-03-31	$NZ$3.50 B	61.04%
2009-03-31	$NZ$2.17 B	26.94%
2008-03-31	$NZ$1.71 B	36.25%
2007-03-31	$NZ$1.25 B	4.42%
2006-03-31	$NZ$1.20 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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Rural Electrification Corp (RECLTD.NS) - Net assets