Thermax (THERMAX.NS)

Net assets on the balance sheet as of March 2024 : NZ$0.89 Billion

According to Thermax's latest financial reports the company has NZ$0.89 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thermax - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.75 B	13.79%
2022-03-31	$NZ$0.66 B	4.36%
2021-03-31	$NZ$0.63 B	-5.25%
2020-03-31	$NZ$0.66 B	4.71%
2019-03-31	$NZ$0.63 B	10.82%
2018-03-31	$NZ$0.57 B	2.91%
2017-03-31	$NZ$0.55 B	6.1%
2016-03-31	$NZ$0.52 B	12.01%
2015-03-31	$NZ$0.47 B	12.14%
2014-03-31	$NZ$0.41 B	-3.58%
2013-03-31	$NZ$0.43 B	4.39%
2012-03-31	$NZ$0.41 B	3.75%
2011-03-31	$NZ$0.40 B	17.09%
2010-03-31	$NZ$0.34 B	-1.46%
2009-03-31	$NZ$0.34 B	43.65%
2008-03-31	$NZ$0.24 B	27.03%
2007-03-31	$NZ$0.19 B	13.63%
2006-03-31	$NZ$0.16 B	14.48%
2005-03-31	$NZ$0.14 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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Thermax (THERMAX.NS) - Net assets