Saudi Steel Pipes (1320.SR)

Net assets on the balance sheet as of September 2024 : S$0.38 Billion

According to Saudi Steel Pipes's latest financial reports the company has S$0.38 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Saudi Steel Pipes - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.31 B	60.5%
2022-12-31	$S$0.19 B	10%
2021-12-31	$S$0.17 B	2.55%
2020-12-31	$S$0.17 B	-8.34%
2019-12-31	$S$0.18 B	-6.77%
2018-12-31	$S$0.20 B	-21.74%
2017-12-31	$S$0.26 B	-5.16%
2016-12-31	$S$0.27 B	-3.49%
2015-12-31	$S$0.28 B	0.12%
2014-12-31	$S$0.28 B	5.75%
2013-12-31	$S$0.26 B	2.49%
2012-12-31	$S$0.26 B	-4.31%
2011-12-31	$S$0.27 B	-4.18%
2010-12-31	$S$0.28 B	-14.68%
2009-12-31	$S$0.33 B	105.87%
2008-12-31	$S$0.16 B	1.16%
2007-12-31	$S$0.16 B	19.74%
2006-12-31	$S$0.13 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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Saudi Steel Pipes (1320.SR) - Net assets