Jindal Steel & Power (JINDALSTEL.NS)

Net assets on the balance sheet as of March 2024 : NZ$9.27 Billion

According to Jindal Steel & Power 's latest financial reports the company has NZ$9.27 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jindal Steel & Power - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$7.58 B	8.01%
2022-03-31	$NZ$7.01 B	16.5%
2021-03-31	$NZ$6.02 B	-12.96%
2020-03-31	$NZ$6.92 B	3.58%
2019-03-31	$NZ$6.68 B	4.11%
2018-03-31	$NZ$6.41 B	-5.13%
2017-03-31	$NZ$6.76 B	-7.02%
2016-03-31	$NZ$7.27 B	-8.66%
2015-03-31	$NZ$7.96 B	74.43%
2014-03-31	$NZ$4.56 B	-4.84%
2013-03-31	$NZ$4.79 B	8.75%
2012-03-31	$NZ$4.41 B	4.59%
2011-03-31	$NZ$4.21 B	26.28%
2010-03-31	$NZ$3.34 B	34.71%
2009-03-31	$NZ$2.48 B	101.08%
2008-03-31	$NZ$1.23 B	48.59%
2007-03-31	$NZ$0.83 B	19.15%
2006-03-31	$NZ$0.69 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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Jindal Steel & Power (JINDALSTEL.NS) - Net assets