Gujarat Mineral Development (GMDCLTD.NS)

Net assets on the balance sheet as of September 2024 : NZ$1.26 Billion

According to Gujarat Mineral Development's latest financial reports the company has NZ$1.26 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Gujarat Mineral Development - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$1.12 B	23.48%
2022-03-31	$NZ$0.91 B	15.19%
2021-03-31	$NZ$0.79 B	-12.4%
2020-03-31	$NZ$0.90 B	-1.11%
2019-03-31	$NZ$0.91 B	-0.97%
2018-03-31	$NZ$0.92 B	4.68%
2017-03-31	$NZ$0.88 B	9.51%
2016-03-31	$NZ$0.80 B	3.86%
2015-03-31	$NZ$0.77 B	40.49%
2014-03-31	$NZ$0.55 B	-1.08%
2013-03-31	$NZ$0.55 B	13.8%
2012-03-31	$NZ$0.49 B	-0.21%
2011-03-31	$NZ$0.49 B	10.68%
2010-03-31	$NZ$0.44 B	3.59%
2009-03-31	$NZ$0.42 B	26.33%
2008-03-31	$NZ$0.33 B	24.9%
2007-03-31	$NZ$0.27 B	-5.03%
2006-03-31	$NZ$0.28 B	15.66%
2005-03-31	$NZ$0.24 B	4.6%
2004-03-31	$NZ$0.23 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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Gujarat Mineral Development (GMDCLTD.NS) - Net assets