Phoenix Mecano (PMN.SW)

Net assets on the balance sheet as of June 2024 : ₹24.71 Billion

According to Phoenix Mecano's latest financial reports the company has ₹24.71 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phoenix Mecano - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹26.20 B	12.97%
2022-12-31	$₹23.19 B	14.64%
2021-12-31	$₹20.23 B	16.93%
2020-12-31	$₹17.30 B	-0.35%
2019-12-31	$₹17.36 B	-19.01%
2018-12-31	$₹21.43 B	3.76%
2017-12-31	$₹20.66 B	5.98%
2016-12-31	$₹19.49 B	2.17%
2015-12-31	$₹19.08 B	-7.44%
2014-12-31	$₹20.61 B	-4.95%
2013-12-31	$₹21.69 B	19.47%
2012-12-31	$₹18.15 B	6.52%
2011-12-31	$₹17.04 B	21.06%
2010-12-31	$₹14.07 B	9.53%
2009-12-31	$₹12.85 B	0.13%
2008-12-31	$₹12.83 B	22.74%
2007-12-31	$₹10.45 B	7.2%
2006-12-31	$₹9.75 B	29.89%
2005-12-31	$₹7.51 B	-20.08%
2004-12-31	$₹9.39 B	12.29%
2003-12-31	$₹8.36 B	28.91%
2002-12-31	$₹6.49 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 Mecano (PMN.SW) - Net assets