Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : A$7.59 Billion

According to Vedanta's latest financial reports the company has A$7.59 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vedanta - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$8.96 B	-38.34%
2022-03-31	$A$14.53 B	10.67%
2021-03-31	$A$13.13 B	-10.4%
2020-03-31	$A$14.65 B	-1.45%
2019-03-31	$A$14.87 B	-1.17%
2018-03-31	$A$15.05 B	4.59%
2017-03-31	$A$14.39 B	-5.74%
2016-03-31	$A$15.26 B	-28.95%
2015-03-31	$A$21.48 B	-5.68%
2014-03-31	$A$22.78 B	637.03%
2013-03-31	$A$3.09 B	7.91%
2012-03-31	$A$2.86 B	2.93%
2011-03-31	$A$2.78 B	44.17%
2010-03-31	$A$1.93 B	43.81%
2009-03-31	$A$1.34 B	66.23%
2008-03-31	$A$0.80 B	-98.25%
2007-03-31	$A$46.12 B	12377.83%
2006-03-31	$A$0.36 B	62.39%
2005-03-31	$A$0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	A$6.81 B	-10.34%	🇨🇦 Canada
Cleveland-Cliffs CLF	A$11.10 B	46.12%	🇺🇸 USA
Steel Dynamics STLD	A$13.73 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	A$2.87 B	-62.10%	🇺🇸 USA

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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