Thermax (THERMAX.NS)

Net assets on the balance sheet as of March 2024 : A$0.82 Billion

According to Thermax's latest financial reports the company has A$0.82 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Thermax - Net assets on balance sheet (from 2016 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$A$0.70 B	14.33%
2022-03-31	$A$0.61 B	5.51%
2021-03-31	$A$0.58 B	-10.62%
2020-03-31	$A$0.65 B	6.27%
2019-03-31	$A$0.61 B	12.88%
2018-03-31	$A$0.54 B	6.01%
2017-03-31	$A$0.51 B	7.73%
2016-03-31	$A$0.47 B	3.04%
2015-03-31	$A$0.46 B	17.33%
2014-03-31	$A$0.39 B	12.29%
2013-03-31	$A$0.35 B	6.11%
2012-03-31	$A$0.32 B	11.09%
2011-03-31	$A$0.29 B	11.98%
2010-03-31	$A$0.26 B	-6.03%
2009-03-31	$A$0.28 B	35.42%
2008-03-31	$A$0.20 B	23.2%
2007-03-31	$A$0.16 B	15.7%
2006-03-31	$A$0.14 B	7.99%
2005-03-31	$A$0.13 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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Thermax (THERMAX.NS) - Net assets