Hindustan Petroleum (HINDPETRO.NS)

Net assets on the balance sheet as of September 2024 : NZ$9.69 Billion

According to Hindustan Petroleum 's latest financial reports the company has NZ$9.69 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindustan Petroleum - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$6.26 B	-19.99%
2022-03-31	$NZ$7.83 B	5.64%
2021-03-31	$NZ$7.41 B	8.46%
2020-03-31	$NZ$6.83 B	6.22%
2019-03-31	$NZ$6.43 B	18.84%
2018-03-31	$NZ$5.41 B	16.63%
2017-03-31	$NZ$4.64 B	27.67%
2016-03-31	$NZ$3.63 B	21.34%
2015-03-31	$NZ$2.99 B	11.05%
2014-03-31	$NZ$2.69 B	-8.18%
2013-03-31	$NZ$2.93 B	-6.41%
2012-03-31	$NZ$3.14 B	-19.61%
2011-03-31	$NZ$3.90 B	0.78%
2010-03-31	$NZ$3.87 B	-1.04%
2009-03-31	$NZ$3.91 B	13.94%
2008-03-31	$NZ$3.43 B	11%
2007-03-31	$NZ$3.09 B	-2.26%
2006-03-31	$NZ$3.16 B	18.07%
2005-03-31	$NZ$2.68 B	2.66%
2004-03-31	$NZ$2.61 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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Hindustan Petroleum (HINDPETRO.NS) - Net assets