Vedanta (VEDL.NS) - Net assets

Net assets on the balance sheet as of March 2024 : HK$39.26 Billion

According to Vedanta's latest financial reports the company has HK$39.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Vedanta - Net assets on balance sheet (from 2012 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$HK$47.25 B	-44.64%
2022-03-31	$HK$85.36 B	9.86%
2021-03-31	$HK$77.70 B	10.82%
2020-03-31	$HK$70.12 B	-15.26%
2019-03-31	$HK$82.74 B	-8.84%
2018-03-31	$HK$90.77 B	6.04%
2017-03-31	$HK$85.60 B	-5.61%
2016-03-31	$HK$90.68 B	-28.93%
2015-03-31	$HK$127.60 B	-22.02%
2014-03-31	$HK$163.63 B	554.76%
2013-03-31	$HK$24.99 B	8.26%
2012-03-31	$HK$23.08 B	3.29%
2011-03-31	$HK$22.35 B	62.89%
2010-03-31	$HK$13.72 B	90.71%
2009-03-31	$HK$7.19 B	25.3%
2008-03-31	$HK$5.74 B	-98.03%
2007-03-31	$HK$291.18 B	14281.95%
2006-03-31	$HK$2.02 B	47.58%
2005-03-31	$HK$1.37 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Cameco CCJ	HK$35.77 B	-8.89%	🇨🇦 Canada
Cleveland-Cliffs CLF	HK$55.22 B	40.63%	🇺🇸 USA
Steel Dynamics STLD	HK$70.98 B	80.77%	🇺🇸 USA
Allegheny Technologies ATI	HK$14.88 B	-62.10%	🇺🇸 USA

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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