SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : €1.50 Billion

According to SBI Card's latest financial reports the company has €1.50 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$€1.09 B	19.87%
2022-03-31	$€0.91 B	25.15%
2021-03-31	$€0.73 B	13.97%
2020-03-31	$€0.64 B	39.6%
2019-03-31	$€0.46 B	56.97%
2018-03-31	$€0.29 B	40.06%
2017-03-31	$€0.20 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 Card (SBICARD.NS) - Net assets