Lumen (LUMN) - Net assets

Net assets on the balance sheet as of September 2024 : ₹29.16 Billion

According to Lumen's latest financial reports the company has ₹29.16 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Lumen - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹34.71 B	-95.96%
2022-12-31	$₹858.44 B	-2.59%
2021-12-31	$₹881.26 B	7.96%
2020-12-31	$₹816.32 B	-15.02%
2019-12-31	$₹960.55 B	-30.72%
2018-12-31	$₹1.386 T	-7.57%
2017-12-31	$₹1.499 T	64.73%
2016-12-31	$₹910.52 B	-2.55%
2015-12-31	$₹934.35 B	-1.87%
2014-12-31	$₹952.12 B	-10.35%
2013-12-31	$₹1.062 T	0.56%
2012-12-31	$₹1.056 T	-4.14%
2011-12-31	$₹1.101 T	154.86%
2010-12-31	$₹432.28 B	-1.59%
2009-12-31	$₹439.25 B	188.49%
2008-12-31	$₹152.26 B	13.54%
2007-12-31	$₹134.10 B	-5.39%
2006-12-31	$₹141.73 B	-13.13%
2005-12-31	$₹163.15 B	10.49%
2004-12-31	$₹147.67 B	-6.76%
2003-12-31	$₹158.37 B	6.95%
2002-12-31	$₹148.08 B	31.3%
2001-12-31	$₹112.78 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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