Thermax (THERMAX.NS)

Net assets on the balance sheet as of March 2024 : ₹44.94 Billion

According to Thermax's latest financial reports the company has ₹44.94 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thermax - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$₹38.70 B	10.82%
2022-03-31	$₹34.92 B	7.42%
2021-03-31	$₹32.51 B	7.38%
2020-03-31	$₹30.27 B	0.45%
2019-03-31	$₹30.14 B	11.03%
2018-03-31	$₹27.14 B	6.92%
2017-03-31	$₹25.39 B	5.08%
2016-03-31	$₹24.16 B	9.45%
2015-03-31	$₹22.07 B	1.36%
2014-03-31	$₹21.77 B	10.06%
2013-03-31	$₹19.78 B	13.67%
2012-03-31	$₹17.41 B	27.37%
2011-03-31	$₹13.66 B	25.68%
2010-03-31	$₹10.87 B	9.71%
2009-03-31	$₹9.91 B	30.52%
2008-03-31	$₹7.59 B	28.74%
2007-03-31	$₹5.89 B	28.42%
2006-03-31	$₹4.59 B	0.71%
2005-03-31	$₹4.56 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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Thermax (THERMAX.NS) - Net assets