Hindustan Petroleum (HINDPETRO.NS)

Net assets on the balance sheet as of March 2024 : $5.62 B

According to Hindustan Petroleum 's latest financial reports the company has $5.62 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindustan Petroleum - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$3.92 B	-28%
2022-03-31	$$5.45 B	4.78%
2021-03-31	$$5.20 B	26.76%
2020-03-31	$$4.10 B	-6.2%
2019-03-31	$$4.37 B	11.65%
2018-03-31	$$3.92 B	20.7%
2017-03-31	$$3.24 B	29.1%
2016-03-31	$$2.51 B	11.9%
2015-03-31	$$2.24 B	-3.81%
2014-03-31	$$2.33 B	-5%
2013-03-31	$$2.46 B	-4.55%
2012-03-31	$$2.57 B	-13.36%
2011-03-31	$$2.97 B	8.99%
2010-03-31	$$2.73 B	25.29%
2009-03-31	$$2.17 B	-18.87%
2008-03-31	$$2.68 B	21.32%
2007-03-31	$$2.21 B	14.59%
2006-03-31	$$1.93 B	1.33%
2005-03-31	$$1.90 B	11.2%
2004-03-31	$$1.71 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 Petroleum (HINDPETRO.NS) - Net assets