Money Forward (3994.T)

Net assets on the balance sheet as of May 2024 : ₹18.00 Billion

According to Money Forward's latest financial reports the company has ₹18.00 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Money Forward - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-11-30	$₹19.64 B	-4.84%
2022-11-30	$₹20.64 B	-26.07%
2021-11-30	$₹27.91 B	283.87%
2020-11-30	$₹7.27 B	38.26%
2019-11-30	$₹5.26 B	152.18%
2018-11-30	$₹2.08 B	-9.59%
2017-11-30	$₹2.30 B	100.46%
2016-11-30	$₹1.15 B	8.57%
2015-11-30	$₹1.06 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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Money Forward (3994.T) - Net assets