Himalaya Shipping (HSHP)

Net assets on the balance sheet as of September 2024 : ₹13.72 Billion

According to Himalaya Shipping's latest financial reports the company has ₹13.72 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Himalaya Shipping - Net assets on balance sheet (from 2021 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹12.83 B	71.75%
2022-12-31	$₹7.47 B	9.27%
2021-12-31	$₹6.84 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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Himalaya Shipping (HSHP) - Net assets