Indian Railway Finance (IRFC.NS)

Net assets on the balance sheet as of September 2024 : A$9.92 Billion

According to Indian Railway Finance's latest financial reports the company has A$9.92 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Indian Railway Finance - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$8.24 B	14.43%
2022-03-31	$A$7.20 B	12.13%
2021-03-31	$A$6.42 B	-1.34%
2020-03-31	$A$6.51 B	28.9%
2019-03-31	$A$5.05 B	24.38%
2018-03-31	$A$4.06 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 Finance (IRFC.NS) - Net assets