IDFC FIRST Bank (IDFCFIRSTB.NS)

Net assets on the balance sheet as of June 2024 : A$6.03 B

According to IDFC FIRST Bank 's latest financial reports the company has A$6.03 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDFC FIRST Bank - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$4.69 B	26.77%
2022-03-31	$A$3.70 B	15.36%
2021-03-31	$A$3.21 B	-3.99%
2020-03-31	$A$3.34 B	-9.53%
2019-03-31	$A$3.69 B	21.13%
2018-03-31	$A$3.05 B	3.17%
2017-03-31	$A$2.95 B	10.17%
2016-03-31	$A$2.68 B	-506522.87%
2015-03-31	$-A$0.54 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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IDFC FIRST Bank (IDFCFIRSTB.NS) - Net assets