Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : S$6.68 Billion

According to Vedanta's latest financial reports the company has S$6.68 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	$S$7.99 B	-45.81%
2022-03-31	$S$14.75 B	9.57%
2021-03-31	$S$13.46 B	4.56%
2020-03-31	$S$12.87 B	-9.87%
2019-03-31	$S$14.28 B	-5.72%
2018-03-31	$S$15.15 B	-1.56%
2017-03-31	$S$15.39 B	-2.59%
2016-03-31	$S$15.80 B	-30.2%
2015-03-31	$S$22.63 B	-14.78%
2014-03-31	$S$26.56 B	565.18%
2013-03-31	$S$3.99 B	6.88%
2012-03-31	$S$3.73 B	3.19%
2011-03-31	$S$3.62 B	46.43%
2010-03-31	$S$2.47 B	75.03%
2009-03-31	$S$1.41 B	38.93%
2008-03-31	$S$1.01 B	-98.2%
2007-03-31	$S$56.54 B	13312.46%
2006-03-31	$S$0.42 B	45.23%
2005-03-31	$S$0.29 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	S$5.99 B	-10.34%	🇨🇦 Canada
Cleveland-Cliffs CLF	S$9.76 B	46.12%	🇺🇸 USA
Steel Dynamics STLD	S$12.08 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	S$2.53 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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