New India Assurance (NIACL.NS)

Net assets on the balance sheet as of March 2024 : £2.59 B

According to New India Assurance 's latest financial reports the company has £2.59 B 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	$£2.55 B	-1.45%
2022-03-31	$£2.59 B	2.25%
2021-03-31	$£2.53 B	9.91%
2020-03-31	$£2.30 B	-13.51%
2019-03-31	$£2.66 B	-1.31%
2018-03-31	$£2.70 B	6.1%
2017-03-31	$£2.54 B	23.38%
2016-03-31	$£2.06 B	-5.72%
2015-03-31	$£2.18 B	23.91%
2014-03-31	$£1.76 B	-6.11%
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