Jindal Steel & Power (JINDALSTEL.NS)

Net assets on the balance sheet as of March 2024 : £4.25 Billion

According to Jindal Steel & Power 's latest financial reports the company has £4.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jindal Steel & Power - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£3.83 B	3.04%
2022-03-31	$£3.72 B	21.51%
2021-03-31	$£3.06 B	-8.86%
2020-03-31	$£3.36 B	-3.51%
2019-03-31	$£3.48 B	5.09%
2018-03-31	$£3.31 B	-12.69%
2017-03-31	$£3.79 B	8.66%
2016-03-31	$£3.49 B	-13.4%
2015-03-31	$£4.03 B	69.63%
2014-03-31	$£2.37 B	-9.98%
2013-03-31	$£2.64 B	16.68%
2012-03-31	$£2.26 B	13.21%
2011-03-31	$£2.00 B	28.58%
2010-03-31	$£1.55 B	60.62%
2009-03-31	$£0.96 B	98.5%
2008-03-31	$£0.48 B	61.23%
2007-03-31	$£0.30 B	22.96%
2006-03-31	$£0.24 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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Jindal Steel & Power (JINDALSTEL.NS) - Net assets