Laurus Labs (LAURUSLABS.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.79 B

According to Laurus Labs 's latest financial reports the company has NZ$0.79 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laurus Labs - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.78 B	23.26%
2022-03-31	$NZ$0.63 B	25.65%
2021-03-31	$NZ$0.50 B	28.42%
2020-03-31	$NZ$0.39 B	19.92%
2019-03-31	$NZ$0.32 B	4.91%
2018-03-31	$NZ$0.31 B	7.53%
2017-03-31	$NZ$0.29 B	56.22%
2016-03-31	$NZ$0.18 B	22.01%
2015-03-31	$NZ$0.15 B	122.09%
2014-03-31	$NZ$69.09 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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Laurus Labs (LAURUSLABS.NS) - Net assets