Polished.com (POL) - Net assets

Net assets on the balance sheet as of September 2023 : ₹4.90 Billion

According to Polished.com's latest financial reports the company has ₹4.90 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Polished.com - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$₹5.17 B	-63.46%
2021-12-31	$₹14.16 B	-1554.85%
2020-12-31	$-₹0.98 Billion	234.86%
2019-12-31	$-₹0.3 Billion	-222.38%
2018-12-31	$₹0.23 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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