Apollo Tyres (APOLLOTYRE.NS)

Net assets on the balance sheet as of March 2024 : NZ$2.79 Billion

According to Apollo Tyres's latest financial reports the company has NZ$2.79 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Apollo Tyres - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$2.50 B	12.52%
2022-03-31	$NZ$2.22 B	-0.22%
2021-03-31	$NZ$2.22 B	1.68%
2020-03-31	$NZ$2.19 B	3.1%
2019-03-31	$NZ$2.12 B	2.5%
2018-03-31	$NZ$2.07 B	29.08%
2017-03-31	$NZ$1.60 B	11.44%
2016-03-31	$NZ$1.44 B	24.74%
2015-03-31	$NZ$1.15 B	31.06%
2014-03-31	$NZ$0.88 B	17.84%
2013-03-31	$NZ$0.74 B	10.23%
2012-03-31	$NZ$0.67 B	-4.37%
2011-03-31	$NZ$0.70 B	14.26%
2010-03-31	$NZ$0.62 B	30.96%
2009-03-31	$NZ$0.47 B	25.61%
2008-03-31	$NZ$0.37 B	24.81%
2007-03-31	$NZ$0.30 B	30.47%
2006-03-31	$NZ$0.23 B	19.24%
2005-03-31	$NZ$0.19 B	-6.97%
2004-03-31	$NZ$0.20 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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Apollo Tyres (APOLLOTYRE.NS) - Net assets