Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : €4.55 B

According to Vedanta's latest financial reports the company has €4.55 B 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	$€5.53 B	-43.67%
2022-03-31	$€9.83 B	15.11%
2021-03-31	$€8.54 B	3.71%
2020-03-31	$€8.23 B	-12.24%
2019-03-31	$€9.38 B	0.08%
2018-03-31	$€9.37 B	-8.86%
2017-03-31	$€10.28 B	-0.64%
2016-03-31	$€10.35 B	-31.9%
2015-03-31	$€15.20 B	-0.78%
2014-03-31	$€15.32 B	510.45%
2013-03-31	$€2.51 B	12.64%
2012-03-31	$€2.22 B	9.76%
2011-03-31	$€2.03 B	54.8%
2010-03-31	$€1.31 B	87.6%
2009-03-31	$€0.69 B	50.4%
2008-03-31	$€0.46 B	-98.33%
2007-03-31	$€27.91 B	12804.99%
2006-03-31	$€0.21 B	59.81%
2005-03-31	$€0.13 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	€4.08 B	-10.34%	🇨🇦 Canada
Cleveland-Cliffs CLF	€6.65 B	46.12%	🇺🇸 USA
Steel Dynamics STLD	€8.23 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	€1.32 B	-70.91%	🇺🇸 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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