SBI Life Insurance (SBILIFE.NS)

Net assets on the balance sheet as of September 2024 : A$3.10 Billion

According to SBI Life Insurance's latest financial reports the company has A$3.10 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Life Insurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$2.36 B	15.55%
2022-03-31	$A$2.04 B	9.76%
2021-03-31	$A$1.86 B	-0.99%
2020-03-31	$A$1.87 B	22.08%
2019-03-31	$A$1.53 B	17.99%
2018-03-31	$A$1.30 B	16.57%
2017-03-31	$A$1.11 B	20.25%
2016-03-31	$A$0.93 B	9.86%
2015-03-31	$A$0.84 B	39.9%
2014-03-31	$A$0.60 B	25.15%
2013-03-31	$A$0.48 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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SBI Life Insurance (SBILIFE.NS) - Net assets