Orient Electric (ORIENTELEC.NS)

Net assets on the balance sheet as of September 2024 : ₹6.56 Billion

According to Orient Electric 's latest financial reports the company has ₹6.56 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orient Electric - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹5.84 B	8%
2022-03-31	$₹5.41 B	18.8%
2021-03-31	$₹4.55 B	26.79%
2020-03-31	$₹3.59 B	17.23%
2019-03-31	$₹3.06 B	16.46%
2018-03-31	$₹2.63 B	23.61%
2017-03-31	$₹2.12 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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Orient Electric (ORIENTELEC.NS) - Net assets