Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2022 : C$0.74 Billion

According to Azure Power 's latest financial reports the company has C$0.74 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$C$0.65 B	55.05%
2021-03-31	$C$0.42 B	-17.9%
2020-03-31	$C$0.51 B	4.83%
2019-03-31	$C$0.48 B	85.47%
2018-03-31	$C$0.26 B	-11.94%
2017-03-31	$C$0.29 B	566.03%
2016-03-31	$C$44.88 M	794.95%
2015-03-31	$C$5.01 M	-221.39%
2014-03-31	$-C$4.14 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	C$3.52 B	371.95%	🇺🇸 USA
Pinnacle West Capital PNW	C$9.63 B	1,188.72%	🇺🇸 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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2022 : C$0.74 Billion