New India Assurance (NIACL.NS)

Net assets on the balance sheet as of September 2024 : £2.87 Billion

According to New India Assurance 's latest financial reports the company has £2.87 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New India Assurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£2.54 B	-1.81%
2022-03-31	$£2.59 B	2.35%
2021-03-31	$£2.53 B	9.62%
2020-03-31	$£2.31 B	-13.27%
2019-03-31	$£2.66 B	-1.31%
2018-03-31	$£2.70 B	5.45%
2017-03-31	$£2.56 B	24.3%
2016-03-31	$£2.06 B	-5.82%
2015-03-31	$£2.18 B	23.79%
2014-03-31	$£1.76 B	-6.03%
2013-03-31	$£1.88 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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New India Assurance (NIACL.NS) - Net assets