Torrent Power (TORNTPOWER.NS)

Net assets on the balance sheet as of March 2024 : £1.16 Billion

According to Torrent Power's latest financial reports the company has £1.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Torrent Power - Net assets on balance sheet (from 2013 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£1.12 B	12.76%
2022-03-31	$£1.00 B	-1.06%
2021-03-31	$£1.01 B	2.76%
2020-03-31	$£0.98 B	-0.94%
2019-03-31	$£0.99 B	17.03%
2018-03-31	$£0.84 B	-0.73%
2017-03-31	$£0.85 B	25.63%
2016-03-31	$£0.68 B	5.96%
2015-03-31	$£0.64 B	2.73%
2014-03-31	$£0.62 B	-15.77%
2013-03-31	$£0.74 B	4.4%
2012-03-31	$£0.71 B	6.23%
2011-03-31	$£0.67 B	14.39%
2010-03-31	$£0.58 B	31.44%
2009-03-31	$£0.44 B	21.76%
2008-03-31	$£0.36 B	14.67%
2007-03-31	$£0.31 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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Torrent Power (TORNTPOWER.NS) - Net assets