Phoenix Group (PHNX.L)

Net assets on the balance sheet as of December 2023 : ₹380.42 Billion

According to Phoenix Group's latest financial reports the company has ₹380.42 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phoenix Group - Net assets on balance sheet (from 2009 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹519.27 B	-23.65%
2021-12-31	$₹680.08 B	-13.34%
2020-12-31	$₹784.73 B	50.04%
2019-12-31	$₹523.00 B	-0.95%
2018-12-31	$₹528.01 B	93.94%
2017-12-31	$₹272.26 B	-2.58%
2016-12-31	$₹279.47 B	-5.53%
2015-12-31	$₹295.83 B	-8.54%
2014-12-31	$₹323.45 B	18.12%
2013-12-31	$₹273.82 B	29.9%
2012-12-31	$₹210.79 B	8.36%
2011-12-31	$₹194.53 B	22.27%
2010-12-31	$₹159.09 B	-0.98%
2009-12-31	$₹160.68 B	298.07%
2008-12-31	$₹40.36 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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Phoenix Group (PHNX.L) - Net assets