Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2024 : C$0.54 Billion

According to Azure Power 's latest financial reports the company has C$0.54 Billion 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
2024-03-31	$C$0.53 B	-9.12%
2023-03-31	$C$0.58 B	-10.2%
2022-03-31	$C$0.65 B	55.27%
2021-03-31	$C$0.41 B	-17.5%
2020-03-31	$C$0.50 B	4.19%
2019-03-31	$C$0.48 B	85.7%
2018-03-31	$C$0.26 B	-11.8%
2017-03-31	$C$0.29 B	562.2%
2016-03-31	$C$45.01 M	793.58%
2015-03-31	$C$5.03 M	-222.21%
2014-03-31	$-C$4.13 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	C$3.41 B	526.32%	🇺🇸 USA
Pinnacle West Capital PNW	C$10.00 B	1,733.56%	🇺🇸 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 2024 : C$0.54 Billion