Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : £3.99 Billion

According to Vedanta's latest financial reports the company has £3.99 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vedanta - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£4.86 B	-41.45%
2022-03-31	$£8.30 B	14.18%
2021-03-31	$£7.27 B	-0.54%
2020-03-31	$£7.31 B	-9.54%
2019-03-31	$£8.08 B	-2.05%
2018-03-31	$£8.24 B	-6.56%
2017-03-31	$£8.82 B	8.5%
2016-03-31	$£8.13 B	-26.77%
2015-03-31	$£11.11 B	-12.33%
2014-03-31	$£12.67 B	498.65%
2013-03-31	$£2.11 B	13.9%
2012-03-31	$£1.85 B	4.05%
2011-03-31	$£1.78 B	53.48%
2010-03-31	$£1.16 B	79.81%
2009-03-31	$£0.64 B	74.06%
2008-03-31	$£0.37 B	-98.04%
2007-03-31	$£18.98 B	12546.19%
2006-03-31	$£0.15 B	61.29%
2005-03-31	$£93.1 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	£3.63 B	-8.89%	🇨🇦 Canada
Cleveland-Cliffs CLF	£5.61 B	40.63%	🇺🇸 USA
Steel Dynamics STLD	£7.21 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	£1.51 B	-62.10%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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