Richmond Mutual Bancorporation (RMBI)

Net assets on the balance sheet as of September 2024 : ₹11.96 Billion

According to Richmond Mutual Bancorporation's latest financial reports the company has ₹11.96 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Richmond Mutual Bancorporation - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹11.22 B	2.48%
2022-12-31	$₹10.95 B	-18.45%
2021-12-31	$₹13.43 B	-4.69%
2020-12-31	$₹14.09 B	5.25%
2019-12-31	$₹13.39 B	123.07%
2018-12-31	$₹6.00 B	14.94%
2017-12-31	$₹5.22 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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Richmond Mutual Bancorporation (RMBI) - Net assets