Rural Electrification Corp (RECLTD.NS)

Net assets on the balance sheet as of June 2024 : €7.89 B

According to Rural Electrification Corp's latest financial reports the company has €7.89 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Rural Electrification Corp - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$€6.51 B	6.76%
2022-03-31	$€6.10 B	19.79%
2021-03-31	$€5.09 B	19.11%
2020-03-31	$€4.27 B	-3.48%
2019-03-31	$€4.42 B	9.14%
2018-03-31	$€4.05 B	-8.61%
2017-03-31	$€4.44 B	15.22%
2016-03-31	$€3.85 B	3.98%
2015-03-31	$€3.70 B	46.76%
2014-03-31	$€2.52 B	0.28%
2013-03-31	$€2.51 B	16.82%
2012-03-31	$€2.15 B	6.03%
2011-03-31	$€2.03 B	10.52%
2010-03-31	$€1.83 B	100.33%
2009-03-31	$€0.91 B	8.28%
2008-03-31	$€0.84 B	25.74%
2007-03-31	$€0.67 B	9.97%
2006-03-31	$€0.61 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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Rural Electrification Corp (RECLTD.NS) - Net assets