Indian Railway Catering & Tourism (IRCTC.NS)

Net assets on the balance sheet as of September 2024 : A$0.66 Billion

According to Indian Railway Catering & Tourism's latest financial reports the company has A$0.66 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Indian Railway Catering & Tourism - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.44 B	36.71%
2022-03-31	$A$0.32 B	26.19%
2021-03-31	$A$0.26 B	-7.77%
2020-03-31	$A$0.28 B	29.77%
2019-03-31	$A$0.21 B	14.07%
2018-03-31	$A$0.19 B	20.32%
2017-03-31	$A$0.15 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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Indian Railway Catering & Tourism (IRCTC.NS) - Net assets