Shriram Pistons & Rings (SHRIPISTON.NS)

Net assets on the balance sheet as of September 2024 : NZ$0.47 Billion

According to Shriram Pistons & Rings's latest financial reports the company has NZ$0.47 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Shriram Pistons & Rings - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.29 B	26.13%
2022-03-31	$NZ$0.23 B	6.2%
2021-03-31	$NZ$0.22 B	-5.37%
2020-03-31	$NZ$0.23 B	5.74%
2019-03-31	$NZ$0.22 B	15.34%
2018-03-31	$NZ$0.19 B	10.65%
2017-03-31	$NZ$0.17 B	15.35%
2016-03-31	$NZ$0.15 B	17.2%
2015-03-31	$NZ$0.12 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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Shriram Pistons & Rings (SHRIPISTON.NS) - Net assets