Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : C$7.05 Billion

According to Vedanta's latest financial reports the company has C$7.05 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	$C$8.14 B	-40.21%
2022-03-31	$C$13.61 B	7.93%
2021-03-31	$C$12.61 B	-1.63%
2020-03-31	$C$12.82 B	-8.87%
2019-03-31	$C$14.07 B	-5.75%
2018-03-31	$C$14.92 B	1.64%
2017-03-31	$C$14.68 B	-3.22%
2016-03-31	$C$15.17 B	-27.22%
2015-03-31	$C$20.85 B	-10.54%
2014-03-31	$C$23.31 B	611.73%
2013-03-31	$C$3.27 B	10.31%
2012-03-31	$C$2.96 B	6.43%
2011-03-31	$C$2.78 B	55.43%
2010-03-31	$C$1.79 B	53.17%
2009-03-31	$C$1.17 B	54.89%
2008-03-31	$C$0.75 B	-98.25%
2007-03-31	$C$43.14 B	14062.68%
2006-03-31	$C$0.30 B	43.16%
2005-03-31	$C$0.21 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	C$6.42 B	-8.89%	🇨🇦 Canada
Cleveland-Cliffs CLF	C$9.91 B	40.63%	🇺🇸 USA
Steel Dynamics STLD	C$12.75 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	C$2.67 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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