SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : £1.24 Billion

According to SBI Card's latest financial reports the company has £1.24 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.96 B	24.21%
2022-03-31	$£0.77 B	24.67%
2021-03-31	$£0.62 B	9.01%
2020-03-31	$£0.57 B	44.56%
2019-03-31	$£0.39 B	53.63%
2018-03-31	$£0.25 B	43.87%
2017-03-31	$£0.17 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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SBI Card (SBICARD.NS) - Net assets