Amalgamated Financial (AMAL)

Net assets on the balance sheet as of September 2024 : ₹59.25 Billion

According to Amalgamated Financial's latest financial reports the company has ₹59.25 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Amalgamated Financial - Net assets on balance sheet (from 2017 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹48.73 B	15.71%
2022-12-31	$₹42.11 B	0.35%
2021-12-31	$₹41.96 B	7.1%
2020-12-31	$₹39.18 B	12.02%
2019-12-31	$₹34.98 B	13.86%
2018-12-31	$₹30.72 B	39.84%
2017-12-31	$₹21.96 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Northeast Bank NBN	₹33.30 B	-43.79%	🇺🇸 USA
National Bank Holdings NBHC	₹109.62 B	85.01%	🇺🇸 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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Amalgamated Financial (AMAL) - Net assets

Net assets on the balance sheet as of September 2024 : ₹59.25 Billion