Torrent Power (TORNTPOWER.NS)

Net assets on the balance sheet as of March 2024 : A$2.29 Billion

According to Torrent Power's latest financial reports the company has A$2.29 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Torrent Power - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$2.08 B	18.76%
2022-03-31	$A$1.75 B	-4.1%
2021-03-31	$A$1.82 B	-7.42%
2020-03-31	$A$1.97 B	7.92%
2019-03-31	$A$1.83 B	18.07%
2018-03-31	$A$1.55 B	11.1%
2017-03-31	$A$1.39 B	9.15%
2016-03-31	$A$1.27 B	2.8%
2015-03-31	$A$1.24 B	10.53%
2014-03-31	$A$1.12 B	3.7%
2013-03-31	$A$1.08 B	-1.09%
2012-03-31	$A$1.09 B	5.08%
2011-03-31	$A$1.04 B	7.45%
2010-03-31	$A$0.97 B	5.12%
2009-03-31	$A$0.92 B	16.28%
2008-03-31	$A$0.79 B	2.49%
2007-03-31	$A$0.77 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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Torrent Power (TORNTPOWER.NS) - Net assets