Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2024 : A$0.59 Billion

According to Azure Power 's latest financial reports the company has A$0.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2024-03-31	$A$0.60 B	-6.79%
2023-03-31	$A$0.64 B	-7.19%
2022-03-31	$A$0.69 B	58.21%
2021-03-31	$A$0.43 B	-25.29%
2020-03-31	$A$0.58 B	14.51%
2019-03-31	$A$0.51 B	93.74%
2018-03-31	$A$0.26 B	-9.4%
2017-03-31	$A$0.29 B	548.39%
2016-03-31	$A$45.17 M	766.39%
2015-03-31	$A$5.21 M	-229.59%
2014-03-31	$-A$4.03 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	A$3.72 B	526.32%	🇺🇸 USA
Pinnacle West Capital PNW	A$10.91 B	1,733.56%	🇺🇸 USA

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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2024 : A$0.59 Billion