Spencer's Retail (SPENCERS.NS)

Net assets on the balance sheet as of March 2024 : -$49.88 Million USD

According to Spencer's Retail 's latest financial reports the company has -$49.88 Million USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Spencer's Retail - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$-$18.33 Million	-324.67%
2022-03-31	$$8.15 M	-67.85%
2021-03-31	$$25.37 M	-30.17%
2020-03-31	$$36.33 M	-53.97%
2019-03-31	$$78.93 M	-6.06%
2018-03-31	$$84.02 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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Spencer's Retail (SPENCERS.NS) - Net assets