Friedman Industries (FRD)

Net assets on the balance sheet as of June 2024 : S$0.17 Billion

According to Friedman Industries's latest financial reports the company has S$0.17 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Friedman Industries - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$0.15 B	42.22%
2022-03-31	$S$0.10 B	22.45%
2021-03-31	$S$88.01 M	-7.55%
2020-03-31	$S$95.2 M	-3.09%
2019-03-31	$S$98.23 M	9.32%
2018-03-31	$S$89.86 M	6.56%
2017-03-31	$S$84.33 M	-1.3%
2016-03-31	$S$85.44 M	-1.76%
2015-03-31	$S$86.97 M	9.09%
2014-03-31	$S$79.72 M	2.08%
2013-03-31	$S$78.1 M	-2%
2012-03-31	$S$79.69 M	7.48%
2011-03-31	$S$74.14 M	-5.97%
2010-03-31	$S$78.85 M	-7.64%
2009-03-31	$S$85.37 M	37.81%
2008-03-31	$S$61.95 M	-3.02%
2007-03-31	$S$63.88 M	6.59%
2006-03-31	$S$59.93 M	2.74%
2005-03-31	$S$58.33 M	5.49%
2004-03-31	$S$55.3 M	0.23%
2003-03-31	$S$55.17 M	-1.99%
2002-03-31	$S$56.29 M	2.08%
2001-03-31	$S$55.14 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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Friedman Industries (FRD) - Net assets