Tejas Networks (TEJASNET.NS)

Net assets on the balance sheet as of March 2024 : HK$2.94 B

According to Tejas Networks 's latest financial reports the company has HK$2.94 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tejas Networks - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$2.84 B	42.62%
2022-03-31	$HK$1.99 B	65.25%
2021-03-31	$HK$1.20 B	8.53%
2020-03-31	$HK$1.11 B	-25.59%
2019-03-31	$HK$1.49 B	7.46%
2018-03-31	$HK$1.38 B	95.5%
2017-03-31	$HK$0.71 B	53.66%
2016-03-31	$HK$0.46 B	12.51%
2015-03-31	$HK$0.41 B	-2.23%
2014-03-31	$HK$0.42 B	-8.5%
2013-03-31	$HK$0.45 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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Tejas Networks (TEJASNET.NS) - Net assets