Jindal Steel & Power (JINDALSTEL.NS)

Net assets on the balance sheet as of March 2024 : A$8.62 Billion

According to Jindal Steel & Power 's latest financial reports the company has A$8.62 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jindal Steel & Power - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$7.07 B	8.52%
2022-03-31	$A$6.52 B	17.78%
2021-03-31	$A$5.53 B	-17.89%
2020-03-31	$A$6.74 B	5.12%
2019-03-31	$A$6.41 B	6.03%
2018-03-31	$A$6.04 B	-2.27%
2017-03-31	$A$6.18 B	-5.6%
2016-03-31	$A$6.55 B	-15.97%
2015-03-31	$A$7.80 B	82.51%
2014-03-31	$A$4.27 B	10.83%
2013-03-31	$A$3.85 B	10.54%
2012-03-31	$A$3.48 B	11.99%
2011-03-31	$A$3.11 B	20.77%
2010-03-31	$A$2.58 B	28.46%
2009-03-31	$A$2.00 B	89.56%
2008-03-31	$A$1.05 B	44.12%
2007-03-31	$A$0.73 B	21.32%
2006-03-31	$A$0.60 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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Jindal Steel & Power (JINDALSTEL.NS) - Net assets