Wipro (WIT) - Net assets

Net assets on the balance sheet as of September 2023 : $8.42 B

According to Wipro's latest financial reports the company has $8.42 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Wipro - Net assets on balance sheet (from 2001 to 2023)

Net assets by year

Year	Net assets	Change
2023-03-31	$$9.52 B	9.62%
2022-03-31	$$8.68 B	15.04%
2021-03-31	$$7.55 B	1.79%
2020-03-31	$$7.41 B	-9.76%
2019-03-31	$$8.22 B	10.27%
2018-03-31	$$7.45 B	-7.6%
2017-03-31	$$8.06 B	14.56%
2016-03-31	$$7.04 B	7.47%
2015-03-31	$$6.55 B	13.7%
2014-03-31	$$5.76 B	9.77%
2013-03-31	$$5.25 B	-6.67%
2012-03-31	$$5.62 B	4.4%
2011-03-31	$$5.38 B	22.82%
2010-03-31	$$4.38 B	51.17%
2009-03-31	$$2.90 B	-10.59%
2008-03-31	$$3.24 B	25.87%
2007-03-31	$$2.57 B	45.41%
2006-03-31	$$1.77 B	35.06%
2005-03-31	$$1.31 B	21.39%
2004-03-31	$$1.08 B	155.5%
2003-03-31	$$0.42 B	29.21%
2002-03-31	$$0.32 B	44.49%
2001-03-31	$$0.22 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cognizant Technology Solutions CTSH	$13.49 B	60.08%	🇺🇸 USA
IBM IBM	$23.33 B	176.88%	🇺🇸 USA
Accenture ACN	$28.61 B	239.62%	🇮🇪 Ireland
Infosys INFY	$10.60 B	25.85%	🇮🇳 India
HP HPQ	-$0.92 B	-110.87%	🇺🇸 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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