Jio Financial Services (JIOFIN.NS)

Net assets on the balance sheet as of September 2024 : $16.38 Billion USD

According to Jio Financial Services's latest financial reports the company has $16.38 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Jio Financial Services - Net assets on balance sheet (from 2023 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$$13.90 B	472969.13%
2022-03-31	$$2.93 M	4.76%
2021-03-31	$$2.8 M	9.18%
2020-03-31	$$2.56 M	4.5%
2019-03-31	$$2.45 M	-24.09%
2018-03-31	$$3.23 M	12.38%
2017-03-31	$$2.88 M	32.53%
2016-03-31	$$2.17 M	-22.06%
2015-03-31	$$2.78 M

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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Jio Financial Services (JIOFIN.NS) - Net assets