Hindalco Industries (HINDALCO.NS)

Net assets on the balance sheet as of March 2024 : NZ$21.31 Billion

According to Hindalco Industries 's latest financial reports the company has NZ$21.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindalco Industries - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$18.41 B	24.5%
2022-03-31	$NZ$14.79 B	14.18%
2021-03-31	$NZ$12.95 B	0.66%
2020-03-31	$NZ$12.87 B	5.72%
2019-03-31	$NZ$12.17 B	4.63%
2018-03-31	$NZ$11.63 B	14.63%
2017-03-31	$NZ$10.15 B	13.47%
2016-03-31	$NZ$8.94 B	0.67%
2015-03-31	$NZ$8.88 B	8.77%
2014-03-31	$NZ$8.17 B	0.12%
2013-03-31	$NZ$8.16 B	1.31%
2012-03-31	$NZ$8.05 B	-12.34%
2011-03-31	$NZ$9.18 B	25.02%
2010-03-31	$NZ$7.35 B	22.68%
2009-03-31	$NZ$5.99 B	8.52%
2008-03-31	$NZ$5.52 B	24.73%
2007-03-31	$NZ$4.42 B	27.17%
2006-03-31	$NZ$3.48 B	41.08%
2005-03-31	$NZ$2.46 B	-0.21%
2004-03-31	$NZ$2.47 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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Hindalco Industries (HINDALCO.NS) - Net assets