SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : A$2.41 Billion

According to SBI Card's latest financial reports the company has A$2.41 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

SBI Card - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$1.78 B	30.81%
2022-03-31	$A$1.36 B	20.83%
2021-03-31	$A$1.12 B	-1.79%
2020-03-31	$A$1.14 B	57.49%
2019-03-31	$A$0.72 B	55%
2018-03-31	$A$0.47 B	61.03%
2017-03-31	$A$0.29 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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SBI Card (SBICARD.NS) - Net assets