Jindal Steel & Power (JINDALSTEL.NS)

Net assets on the balance sheet as of March 2024 : $5.36 Billion USD

According to Jindal Steel & Power 's latest financial reports the company has $5.36 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jindal Steel & Power - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$4.75 B	-2.85%
2022-03-31	$$4.89 B	16.14%
2021-03-31	$$4.21 B	1.27%
2020-03-31	$$4.15 B	-8.48%
2019-03-31	$$4.54 B	-2.19%
2018-03-31	$$4.64 B	-1.93%
2017-03-31	$$4.73 B	-5.67%
2016-03-31	$$5.02 B	-15.94%
2015-03-31	$$5.97 B	50.93%
2014-03-31	$$3.95 B	-1.46%
2013-03-31	$$4.01 B	10.91%
2012-03-31	$$3.62 B	12.66%
2011-03-31	$$3.21 B	36.12%
2010-03-31	$$2.36 B	70.02%
2009-03-31	$$1.38 B	43.51%
2008-03-31	$$0.96 B	63%
2007-03-31	$$0.59 B	38.87%
2006-03-31	$$0.42 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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Jindal Steel & Power (JINDALSTEL.NS) - Net assets