Hindustan Aeronautics (HAL.NS)

Net assets on the balance sheet as of March 2024 : £2.70 Billion

According to Hindustan Aeronautics's latest financial reports the company has £2.70 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindustan Aeronautics - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£2.31 B	19.56%
2022-03-31	$£1.93 B	26.88%
2021-03-31	$£1.52 B	7.51%
2020-03-31	$£1.42 B	6.51%
2019-03-31	$£1.33 B	14.78%
2018-03-31	$£1.16 B	-6.88%
2017-03-31	$£1.24 B	7.97%
2016-03-31	$£1.15 B	-27.88%
2015-03-31	$£1.60 B	10.25%
2014-03-31	$£1.45 B	-7.24%
2013-03-31	$£1.56 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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Hindustan Aeronautics (HAL.NS) - Net assets