Gujarat Mineral Development (GMDCLTD.NS)

Net assets on the balance sheet as of March 2024 : £0.55 B

According to Gujarat Mineral Development's latest financial reports the company has £0.55 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gujarat Mineral Development - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£0.57 B	18.24%
2022-03-31	$£0.48 B	20.02%
2021-03-31	$£0.40 B	-8.02%
2020-03-31	$£0.43 B	-8.12%
2019-03-31	$£0.47 B	-0.02%
2018-03-31	$£0.47 B	-3.06%
2017-03-31	$£0.49 B	27.04%
2016-03-31	$£0.38 B	-1.43%
2015-03-31	$£0.39 B	36.76%
2014-03-31	$£0.28 B	-6.5%
2013-03-31	$£0.30 B	22.1%
2012-03-31	$£0.25 B	7.94%
2011-03-31	$£0.23 B	12.42%
2010-03-31	$£0.20 B	23.93%
2009-03-31	$£0.16 B	26.82%
2008-03-31	$£0.13 B	33.37%
2007-03-31	$£98.88 M	-1.95%
2006-03-31	$£0.10 B	8.15%
2005-03-31	$£93.24 M	9.92%
2004-03-31	$£84.83 M

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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Gujarat Mineral Development (GMDCLTD.NS) - Net assets