Sterling Tools (STERTOOLS.NS)

Net assets on the balance sheet as of March 2024 : NZ$91.43 Million

According to Sterling Tools's latest financial reports the company has NZ$91.43 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Sterling Tools - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$77.79 M	15.57%
2022-03-31	$NZ$67.31 M	4.28%
2021-03-31	$NZ$64.54 M	-4.57%
2020-03-31	$NZ$67.63 M	13.9%
2019-03-31	$NZ$59.38 M	14.71%
2018-03-31	$NZ$51.77 M	46.97%
2017-03-31	$NZ$35.22 M	25.04%
2016-03-31	$NZ$28.17 M	12.6%
2015-03-31	$NZ$25.01 M	29.04%
2014-03-31	$NZ$19.38 M	-0.95%
2013-03-31	$NZ$19.57 M	-0.44%
2012-03-31	$NZ$19.65 M	-6.23%
2011-03-31	$NZ$20.96 M	11.8%
2010-03-31	$NZ$18.75 M	2.98%
2009-03-31	$NZ$18.21 M	11.78%
2008-03-31	$NZ$16.29 M	9.9%
2007-03-31	$NZ$14.82 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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Sterling Tools (STERTOOLS.NS) - Net assets