Life Insurance Corporation of India (LIC) (LICI.NS)

Net assets on the balance sheet as of March 2024 : €8.97 B

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company has €8.97 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Life Insurance Corporation of India (LIC) - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$€5.19 B	281.11%
2022-03-31	$€1.36 B	68.48%
2021-03-31	$€0.80 B	509.88%
2020-03-31	$€0.13 B	15.33%
2019-03-31	$€0.11 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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Life Insurance Corporation of India (LIC) (LICI.NS) - Net assets