New India Assurance (NIACL.NS)

Net assets on the balance sheet as of September 2024 : A$5.60 Billion

According to New India Assurance 's latest financial reports the company has A$5.60 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New India Assurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$4.70 B	3.41%
2022-03-31	$A$4.54 B	-0.79%
2021-03-31	$A$4.58 B	-1.25%
2020-03-31	$A$4.63 B	-5.51%
2019-03-31	$A$4.91 B	-0.43%
2018-03-31	$A$4.93 B	18.03%
2017-03-31	$A$4.17 B	7.99%
2016-03-31	$A$3.86 B	-8.62%
2015-03-31	$A$4.23 B	33.18%
2014-03-31	$A$3.17 B	15.69%
2013-03-31	$A$2.74 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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New India Assurance (NIACL.NS) - Net assets