Azure Power (AZREF) - Net Assets

Net assets on the balance sheet as of March 2022 : NZ$0.88 Billion

According to Azure Power 's latest financial reports the company has NZ$0.88 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Azure Power - Net assets on balance sheet (from 2015 to 2022)

Net assets by year

Year	Net assets	Change
2022-03-31	$NZ$0.74 B	57.26%
2021-03-31	$NZ$0.47 B	-20.73%
2020-03-31	$NZ$0.60 B	11.71%
2019-03-31	$NZ$0.53 B	90.94%
2018-03-31	$NZ$0.28 B	-12.04%
2017-03-31	$NZ$0.32 B	538.97%
2016-03-31	$NZ$50.1 M	849.75%
2015-03-31	$NZ$5.27 M	-222.32%
2014-03-31	$-NZ$4.32 Million

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
PNM Resources PNM	NZ$4.20 B	371.95%	🇺🇸 USA
Pinnacle West Capital PNW	NZ$11.46 B	1,188.72%	🇺🇸 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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Azure Power (AZREF) - Net assets

Net assets on the balance sheet as of March 2022 : NZ$0.88 Billion