Thermax (THERMAX.NS)

Net assets on the balance sheet as of March 2024 : £0.40 B

According to Thermax's latest financial reports the company has £0.40 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thermax - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.38 B	8.56%
2022-03-31	$£0.35 B	8.85%
2021-03-31	$£0.32 B	-0.79%
2020-03-31	$£0.32 B	-2.46%
2019-03-31	$£0.33 B	11.88%
2018-03-31	$£0.29 B	-5.28%
2017-03-31	$£0.31 B	24%
2016-03-31	$£0.25 B	6.2%
2015-03-31	$£0.23 B	9.06%
2014-03-31	$£0.21 B	-8.79%
2013-03-31	$£0.23 B	12%
2012-03-31	$£0.21 B	12.3%
2011-03-31	$£0.19 B	19.22%
2010-03-31	$£0.15 B	17.5%
2009-03-31	$£0.13 B	41.81%
2008-03-31	$£95.96 M	37.83%
2007-03-31	$£69.62 M	17.26%
2006-03-31	$£59.37 M	7.25%
2005-03-31	$£55.35 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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Thermax (THERMAX.NS) - Net assets