Jio Financial Services (JIOFIN.NS)

Net assets on the balance sheet as of September 2024 : S$22.05 Billion

According to Jio Financial Services's latest financial reports the company has S$22.05 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jio Financial Services - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$S$18.45 B	464364.89%
2022-03-31	$S$3.97 M	5.18%
2021-03-31	$S$3.77 M	3.3%
2020-03-31	$S$3.65 M	9.78%
2019-03-31	$S$3.33 M	-21.49%
2018-03-31	$S$4.24 M	5.4%
2017-03-31	$S$4.02 M	37.05%
2016-03-31	$S$2.93 M	-23.46%
2015-03-31	$S$3.83 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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Jio Financial Services (JIOFIN.NS) - Net assets