Laurus Labs (LAURUSLABS.NS)

Net assets on the balance sheet as of March 2024 : HK$3.84 B

According to Laurus Labs 's latest financial reports the company has HK$3.84 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laurus Labs - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$3.86 B	11.61%
2022-03-31	$HK$3.46 B	25.41%
2021-03-31	$HK$2.76 B	51.99%
2020-03-31	$HK$1.81 B	3.21%
2019-03-31	$HK$1.76 B	-1.43%
2018-03-31	$HK$1.78 B	12.13%
2017-03-31	$HK$1.59 B	58.9%
2016-03-31	$HK$1.00 B	12.15%
2015-03-31	$HK$0.89 B	92.66%
2014-03-31	$HK$0.46 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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Laurus Labs (LAURUSLABS.NS) - Net assets