Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : $5.04 Billion USD

According to Vedanta's latest financial reports the company has $5.04 Billion USD 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	$$6.02 B	-44.8%
2022-03-31	$$10.90 B	9.13%
2021-03-31	$$9.99 B	10.51%
2020-03-31	$$9.04 B	-14.2%
2019-03-31	$$10.54 B	-8.84%
2018-03-31	$$11.56 B	4.96%
2017-03-31	$$11.01 B	-5.81%
2016-03-31	$$11.69 B	-28.92%
2015-03-31	$$16.45 B	-22%
2014-03-31	$$21.09 B	555.3%
2013-03-31	$$3.21 B	8.27%
2012-03-31	$$2.97 B	3.54%
2011-03-31	$$2.87 B	62.48%
2010-03-31	$$1.76 B	90.33%
2009-03-31	$$0.92 B	25.84%
2008-03-31	$$0.73 B	-98.02%
2007-03-31	$$37.27 B	14183.19%
2006-03-31	$$0.26 B	48.33%
2005-03-31	$$0.17 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	$4.59 B	-8.89%	🇨🇦 Canada
Cleveland-Cliffs CLF	$7.09 B	40.63%	🇺🇸 USA
Steel Dynamics STLD	$9.12 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	$1.91 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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