India Nippon Electricals (INDNIPPON.NS)

Net assets on the balance sheet as of March 2024 : £59 Million

According to India Nippon Electricals's latest financial reports the company has £59 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

India Nippon Electricals - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$£55.09 M	8.66%
2022-03-31	$£50.7 M	13.52%
2021-03-31	$£44.66 M	-0.74%
2020-03-31	$£45 M	1.8%
2019-03-31	$£44.2 M	17.83%
2018-03-31	$£37.51 M	10.13%
2017-03-31	$£34.06 M	26.67%
2016-03-31	$£26.89 M	2.39%
2015-03-31	$£26.26 M	22.82%
2014-03-31	$£21.38 M	-13.59%
2013-03-31	$£24.74 M	7.99%
2012-03-31	$£22.91 M	-1.73%
2011-03-31	$£23.32 M	3.39%
2010-03-31	$£22.55 M	16.17%
2009-03-31	$£19.41 M	14.16%
2008-03-31	$£17 M	13.17%
2007-03-31	$£15.02 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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India Nippon Electricals (INDNIPPON.NS) - Net assets