Hindalco Industries (HINDALCO.NS)

Net assets on the balance sheet as of March 2024 : A$19.26 Billion

According to Hindalco Industries 's latest financial reports the company has A$19.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindalco Industries - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$17.19 B	25.09%
2022-03-31	$A$13.74 B	15.43%
2021-03-31	$A$11.90 B	-5.04%
2020-03-31	$A$12.53 B	7.29%
2019-03-31	$A$11.68 B	6.57%
2018-03-31	$A$10.96 B	18.08%
2017-03-31	$A$9.28 B	15.21%
2016-03-31	$A$8.06 B	-7.39%
2015-03-31	$A$8.70 B	13.8%
2014-03-31	$A$7.64 B	16.6%
2013-03-31	$A$6.56 B	2.99%
2012-03-31	$A$6.36 B	-6.14%
2011-03-31	$A$6.78 B	19.56%
2010-03-31	$A$5.67 B	16.99%
2009-03-31	$A$4.85 B	2.31%
2008-03-31	$A$4.74 B	20.97%
2007-03-31	$A$3.92 B	29.49%
2006-03-31	$A$3.02 B	33.08%
2005-03-31	$A$2.27 B	3.98%
2004-03-31	$A$2.18 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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Hindalco Industries (HINDALCO.NS) - Net assets