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

Net assets on the balance sheet as of September 2024 : €11.12 Billion

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company has €11.12 Billion 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	$€5.17 B	282.4%
2022-03-31	$€1.35 B	66.93%
2021-03-31	$€0.81 B	514.26%
2020-03-31	$€0.13 B	14.74%
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