EROAD Limited (ERD.NZ)

Net assets on the balance sheet as of March 2024 : S$0.24 Billion

According to EROAD Limited's latest financial reports the company has S$0.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

EROAD Limited - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2024-03-31	$S$0.24 B	17.75%
2023-03-31	$S$0.20 B	-11.3%
2022-03-31	$S$0.23 B	137.03%
2021-03-31	$S$98.52 M
2019-03-31	$S$47.28 M	-25.79%
2018-03-31	$S$63.71 M	42.93%
2017-03-31	$S$44.57 M	-5.76%
2016-03-31	$S$47.3 M	-11.45%
2015-03-31	$S$53.41 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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EROAD Limited (ERD.NZ) - Net assets