Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of September 2024 : £6.96 Billion

According to Rural Electrification Corp's latest financial reports the company has £6.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£5.71 B	10.96%
2022-03-31	$£5.15 B	18.82%
2021-03-31	$£4.33 B	14.23%
2020-03-31	$£3.79 B	-0.51%
2019-03-31	$£3.81 B	6.82%
2018-03-31	$£3.57 B	-6.3%
2017-03-31	$£3.81 B	25.82%
2016-03-31	$£3.02 B	11.82%
2015-03-31	$£2.70 B	29.67%
2014-03-31	$£2.08 B	-1.65%
2013-03-31	$£2.12 B	18.12%
2012-03-31	$£1.79 B	0.51%
2011-03-31	$£1.78 B	9.58%
2010-03-31	$£1.63 B	92.02%
2009-03-31	$£0.85 B	25.31%
2008-03-31	$£0.67 B	47.84%
2007-03-31	$£0.45 B	7.76%
2006-03-31	$£0.42 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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Rural Electrification Corp (RECLTD.NS) - Net assets