Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2022 : HK$4.06 Billion

According to Azure Power 's latest financial reports the company has HK$4.06 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$HK$4.08 B	57.81%
2021-03-31	$HK$2.58 B	-7.52%
2020-03-31	$HK$2.79 B	-2.51%
2019-03-31	$HK$2.87 B	79.39%
2018-03-31	$HK$1.60 B	-8.13%
2017-03-31	$HK$1.74 B	549.62%
2016-03-31	$HK$0.26 B	773.93%
2015-03-31	$HK$30.68 M	-205.81%
2014-03-31	$-HK$29.01 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	HK$19.17 B	371.95%	🇺🇸 USA
Pinnacle West Capital PNW	HK$52.35 B	1,188.72%	🇺🇸 USA

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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2022 : HK$4.06 Billion