IIFL Wealth Management (IIFLWAM.NS) - Net assets

Net assets on the balance sheet as of September 2022 : NZ$0.60 B

According to IIFL Wealth Management's latest financial reports the company has NZ$0.60 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

IIFL Wealth Management - Net assets on balance sheet (from 2019 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$NZ$0.57 B	3.64%
2021-03-31	$NZ$0.55 B	-17.77%
2020-03-31	$NZ$0.66 B	8.59%
2019-03-31	$NZ$0.61 B	55.93%
2018-03-31	$NZ$0.39 B	18.16%
2017-03-31	$NZ$0.33 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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