New India Assurance (NIACL.NS)

Net assets on the balance sheet as of September 2024 : HK$28.35 Billion

According to New India Assurance 's latest financial reports the company has HK$28.35 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New India Assurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$24.78 B	-7.16%
2022-03-31	$HK$26.69 B	-1.52%
2021-03-31	$HK$27.10 B	22.14%
2020-03-31	$HK$22.19 B	-18.75%
2019-03-31	$HK$27.31 B	-8.15%
2018-03-31	$HK$29.73 B	19.66%
2017-03-31	$HK$24.85 B	8.13%
2016-03-31	$HK$22.98 B	-8.59%
2015-03-31	$HK$25.14 B	10.11%
2014-03-31	$HK$22.83 B	2.77%
2013-03-31	$HK$22.21 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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New India Assurance (NIACL.NS) - Net assets