Gujarat Mineral Development (GMDCLTD.NS)

Net assets on the balance sheet as of September 2024 : A$1.18 Billion

According to Gujarat Mineral Development's latest financial reports the company has A$1.18 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gujarat Mineral Development - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$1.05 B	24.07%
2022-03-31	$A$0.84 B	16.45%
2021-03-31	$A$0.72 B	-17.36%
2020-03-31	$A$0.88 B	0.37%
2019-03-31	$A$0.87 B	0.87%
2018-03-31	$A$0.86 B	7.84%
2017-03-31	$A$0.80 B	11.19%
2016-03-31	$A$0.72 B	-4.46%
2015-03-31	$A$0.75 B	46.99%
2014-03-31	$A$0.51 B	15.2%
2013-03-31	$A$0.44 B	15.68%
2012-03-31	$A$0.38 B	6.85%
2011-03-31	$A$0.36 B	5.85%
2010-03-31	$A$0.34 B	-1.22%
2009-03-31	$A$0.34 B	19.1%
2008-03-31	$A$0.29 B	21.13%
2007-03-31	$A$0.24 B	-3.3%
2006-03-31	$A$0.24 B	9.11%
2005-03-31	$A$0.22 B	8.99%
2004-03-31	$A$0.20 B

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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Gujarat Mineral Development (GMDCLTD.NS) - Net assets