Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -₹4.21 Billion

According to Spencer's Retail 's latest financial reports the company has -₹4.21 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-₹1.51 Billion	-343.25%
2022-03-31	$₹0.61 B	-66.8%
2021-03-31	$₹1.86 B	-31.98%
2020-03-31	$₹2.73 B	-50.02%
2019-03-31	$₹5.48 B	0.18%
2018-03-31	$₹5.47 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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Spencer's Retail (SPENCERS.NS) - Net assets