Orbit Communication Systems (ORBI.TA)

Net assets on the balance sheet as of June 2024 : ₹7.22 Billion

According to Orbit Communication Systems 's latest financial reports the company has ₹7.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Orbit Communication Systems - Net assets on balance sheet (from 2022 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹6.66 B	16.09%
2022-12-31	$₹5.73 B	77.09%
2021-12-31	$₹3.24 B	24.1%
2020-12-31	$₹2.61 B	18.38%
2019-12-31	$₹2.20 B	35.47%
2018-12-31	$₹1.62 B	14.26%
2017-12-31	$₹1.42 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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Orbit Communication Systems (ORBI.TA) - Net assets