Hindustan Aeronautics (HAL.NS)

Net assets on the balance sheet as of March 2024 : $3.49 Billion USD

According to Hindustan Aeronautics's latest financial reports the company has $3.49 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindustan Aeronautics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$2.87 B	12.72%
2022-03-31	$$2.54 B	21.27%
2021-03-31	$$2.10 B	19.46%
2020-03-31	$$1.75 B	1.02%
2019-03-31	$$1.74 B	6.82%
2018-03-31	$$1.62 B	4.59%
2017-03-31	$$1.55 B	-6.27%
2016-03-31	$$1.66 B	-30%
2015-03-31	$$2.37 B	-1.9%
2014-03-31	$$2.42 B	1.54%
2013-03-31	$$2.38 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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Hindustan Aeronautics (HAL.NS) - Net assets