Life Insurance Corporation of India (LIC) (LICI.NS)

Total assets on the balance sheet as of March 2024 : $637.54 Billion USD

According to Life Insurance Corporation of India (LIC)'s latest financial reports the company's total assets are $637.54 Billion USD. A company’s total assets is the sum of all current and non-current assets, such as inventories, cash and cash equivalents, properties and equipment.

Life Insurance Corporation of India (LIC) - Total assets on balance sheet (from 2021 to 2024)

Total assets by year

Year	Total assets	Change
2023-03-31	$557.66 B	-0.6%
2022-03-31	$561.01 B	7.6%
2021-03-31	$521.41 B	12.33%
2020-03-31	$464.16 B	-5.95%
2019-03-31	$493.55 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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Life Insurance Corporation of India (LIC) (LICI.NS) - Total assets