Elgi Equipments (ELGIEQUIP.NS)

Net assets on the balance sheet as of March 2024 : ₹16.31 Billion

According to Elgi Equipments 's latest financial reports the company has ₹16.31 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

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

Net assets by year

Year	Net assets	Change
2023-03-31	$₹13.71 B	32.8%
2022-03-31	$₹10.32 B	18.7%
2021-03-31	$₹8.69 B	13.12%
2020-03-31	$₹7.68 B	-0.25%
2019-03-31	$₹7.70 B	11.9%
2018-03-31	$₹6.88 B	13.52%
2017-03-31	$₹6.06 B	11.11%
2016-03-31	$₹5.46 B	7.53%
2015-03-31	$₹5.07 B	9.57%
2014-03-31	$₹4.63 B	6.92%
2013-03-31	$₹4.33 B	9.04%
2012-03-31	$₹3.97 B	17.53%
2011-03-31	$₹3.38 B	28.53%
2010-03-31	$₹2.63 B	31.81%
2009-03-31	$₹1.99 B	18.4%
2008-03-31	$₹1.68 B	24.34%
2007-03-31	$₹1.35 B	12.25%
2006-03-31	$₹1.20 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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Elgi Equipments (ELGIEQUIP.NS) - Net assets