Tube Investments of India (TIINDIA.NS)

Net assets on the balance sheet as of March 2024 : NZ$1.33 Billion

According to Tube Investments of India's latest financial reports the company has NZ$1.33 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Tube Investments of India - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$0.96 B	36.6%
2022-03-31	$NZ$0.70 B	34.27%
2021-03-31	$NZ$0.52 B	31.68%
2020-03-31	$NZ$0.39 B	19.8%
2019-03-31	$NZ$0.33 B	14.27%
2018-03-31	$NZ$0.29 B	3.3%
2017-03-31	$NZ$0.28 B	16.64%
2016-03-31	$NZ$0.24 B	2266386.42%
2015-03-31	$NZ$0.01 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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Tube Investments of India (TIINDIA.NS) - Net assets