Gujarat Mineral Development (GMDCLTD.NS)

Net assets on the balance sheet as of March 2024 : ₹61.53 B

According to Gujarat Mineral Development's latest financial reports the company has ₹61.53 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gujarat Mineral Development - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹57.98 B	20.26%
2022-03-31	$₹48.21 B	18.56%
2021-03-31	$₹40.66 B	-0.71%
2020-03-31	$₹40.96 B	-5.12%
2019-03-31	$₹43.17 B	-0.78%
2018-03-31	$₹43.51 B	8.76%
2017-03-31	$₹40.00 B	8.46%
2016-03-31	$₹36.88 B	1.48%
2015-03-31	$₹36.34 B	26.98%
2014-03-31	$₹28.62 B	12.91%
2013-03-31	$₹25.34 B	23.92%
2012-03-31	$₹20.45 B	22.51%
2011-03-31	$₹16.69 B	18.8%
2010-03-31	$₹14.05 B	15.33%
2009-03-31	$₹12.18 B	14.79%
2008-03-31	$₹10.61 B	26.58%
2007-03-31	$₹8.38 B	7.33%
2006-03-31	$₹7.81 B	1.76%
2005-03-31	$₹7.67 B	12.49%
2004-03-31	$₹6.82 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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Gujarat Mineral Development (GMDCLTD.NS) - Net assets