New India Assurance (NIACL.NS)

Net assets on the balance sheet as of September 2024 : NZ$6.48 Billion

According to New India Assurance 's latest financial reports the company has NZ$6.48 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

New India Assurance - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$5.03 B	2.92%
2022-03-31	$NZ$4.89 B	-1.87%
2021-03-31	$NZ$4.98 B	4.69%
2020-03-31	$NZ$4.76 B	-6.9%
2019-03-31	$NZ$5.11 B	-2.24%
2018-03-31	$NZ$5.23 B	14.58%
2017-03-31	$NZ$4.56 B	6.36%
2016-03-31	$NZ$4.29 B	-0.66%
2015-03-31	$NZ$4.32 B	27.29%
2014-03-31	$NZ$3.39 B	-0.67%
2013-03-31	$NZ$3.41 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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New India Assurance (NIACL.NS) - Net assets