SBI Card (SBICARD.NS)

Net assets on the balance sheet as of September 2024 : C$2.24 Billion

According to SBI Card's latest financial reports the company has C$2.24 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	$C$1.61 B	26.86%
2022-03-31	$C$1.27 B	17.85%
2021-03-31	$C$1.08 B	7.82%
2020-03-31	$C$1.00 B	45.62%
2019-03-31	$C$0.68 B	47.83%
2018-03-31	$C$0.46 B	56.5%
2017-03-31	$C$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