Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2022 : $0.52 B

According to Azure Power 's latest financial reports the company has $0.52 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$$0.52 B	56.77%
2021-03-31	$$0.33 B	-7.77%
2020-03-31	$$0.36 B	-1.32%
2019-03-31	$$0.36 B	79.39%
2018-03-31	$$0.20 B	-9.06%
2017-03-31	$$0.22 B	548.26%
2016-03-31	$$34.58 M	774.03%
2015-03-31	$$3.95 M	-205.84%
2014-03-31	$-$3.74 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	$2.41 B	362.96%	🇺🇸 USA
Pinnacle West Capital PNW	$6.31 B	1,109.10%	🇺🇸 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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2022 : $0.52 B