Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : NZ$8.57 Billion

According to Vedanta's latest financial reports the company has NZ$8.57 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vedanta - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$9.60 B	-38.63%
2022-03-31	$NZ$15.64 B	9.47%
2021-03-31	$NZ$14.29 B	-5.02%
2020-03-31	$NZ$15.04 B	-2.89%
2019-03-31	$NZ$15.49 B	-2.97%
2018-03-31	$NZ$15.97 B	1.53%
2017-03-31	$NZ$15.73 B	-7.16%
2016-03-31	$NZ$16.94 B	-22.76%
2015-03-31	$NZ$21.93 B	-9.85%
2014-03-31	$NZ$24.33 B	532.84%
2013-03-31	$NZ$3.84 B	6.16%
2012-03-31	$NZ$3.62 B	-3.88%
2011-03-31	$NZ$3.76 B	50.74%
2010-03-31	$NZ$2.49 B	50.8%
2009-03-31	$NZ$1.65 B	76.32%
2008-03-31	$NZ$0.94 B	-98.2%
2007-03-31	$NZ$52.08 B	12154.37%
2006-03-31	$NZ$0.42 B	72.15%
2005-03-31	$NZ$0.24 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	NZ$7.81 B	-8.89%	🇨🇦 Canada
Cleveland-Cliffs CLF	NZ$12.06 B	40.63%	🇺🇸 USA
Steel Dynamics STLD	NZ$15.50 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	NZ$3.25 B	-62.10%	🇺🇸 USA

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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