SBI Life Insurance (SBILIFE.NS)

Net assets on the balance sheet as of September 2024 : C$2.69 Billion

According to SBI Life Insurance's latest financial reports the company has C$2.69 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	$C$2.14 B	12.06%
2022-03-31	$C$1.91 B	7.05%
2021-03-31	$C$1.78 B	8.7%
2020-03-31	$C$1.64 B	12.88%
2019-03-31	$C$1.45 B	12.53%
2018-03-31	$C$1.29 B	13.29%
2017-03-31	$C$1.14 B	23.46%
2016-03-31	$C$0.92 B	12.53%
2015-03-31	$C$0.82 B	32.69%
2014-03-31	$C$0.61 B	20.85%
2013-03-31	$C$0.51 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