IDFC FIRST Bank (IDFCFIRSTB.NS)

Net assets on the balance sheet as of June 2024 : NZ$6.49 B

According to IDFC FIRST Bank 's latest financial reports the company has NZ$6.49 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IDFC FIRST Bank - Net assets on balance sheet (from 2015 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$5.02 B	25.38%
2022-03-31	$NZ$4.00 B	14.57%
2021-03-31	$NZ$3.49 B	1.55%
2020-03-31	$NZ$3.44 B	-10.63%
2019-03-31	$NZ$3.85 B	18.93%
2018-03-31	$NZ$3.23 B	0.41%
2017-03-31	$NZ$3.22 B	8.31%
2016-03-31	$NZ$2.97 B	-552152.81%
2015-03-31	$-NZ$0.54 M

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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IDFC FIRST Bank (IDFCFIRSTB.NS) - Net assets