Spandana Sphoorty Financial (SPANDANA.NS)

Net assets on the balance sheet as of September 2024 : NZ$0.70 Billion

According to Spandana Sphoorty Financial's latest financial reports the company has NZ$0.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spandana Sphoorty Financial - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.60 B	2.99%
2022-03-31	$NZ$0.58 B	9.13%
2021-03-31	$NZ$0.53 B	-7.61%
2020-03-31	$NZ$0.57 B	44.87%
2019-03-31	$NZ$0.40 B	35.68%
2018-03-31	$NZ$0.29 B	44.3%
2017-03-31	$NZ$0.20 B	408.74%
2016-03-31	$NZ$40.18 M	-620.69%
2015-03-31	$-NZ$7.72 Million

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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Spandana Sphoorty Financial (SPANDANA.NS) - Net assets