Hindustan Petroleum (HINDPETRO.NS)

Net assets on the balance sheet as of September 2024 : A$8.76 Billion

According to Hindustan Petroleum 's latest financial reports the company has A$8.76 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindustan Petroleum - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$5.85 B	-19.61%
2022-03-31	$A$7.27 B	6.8%
2021-03-31	$A$6.81 B	2.31%
2020-03-31	$A$6.66 B	7.81%
2019-03-31	$A$6.17 B	21.04%
2018-03-31	$A$5.10 B	20.14%
2017-03-31	$A$4.24 B	29.63%
2016-03-31	$A$3.27 B	11.62%
2015-03-31	$A$2.93 B	16.19%
2014-03-31	$A$2.52 B	6.94%
2013-03-31	$A$2.36 B	-4.87%
2012-03-31	$A$2.48 B	-13.91%
2011-03-31	$A$2.88 B	-3.62%
2010-03-31	$A$2.99 B	-5.63%
2009-03-31	$A$3.17 B	7.42%
2008-03-31	$A$2.95 B	7.66%
2007-03-31	$A$2.74 B	-0.48%
2006-03-31	$A$2.75 B	11.37%
2005-03-31	$A$2.47 B	6.97%
2004-03-31	$A$2.31 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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Hindustan Petroleum (HINDPETRO.NS) - Net assets