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

Net assets on the balance sheet as of March 2024 : £7.87 Billion

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company has £7.87 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	$£4.55 B	296.26%
2022-03-31	$£1.15 B	66.28%
2021-03-31	$£0.69 B	487.56%
2020-03-31	$£0.11 B	18.81%
2019-03-31	$£99.07 M

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