Hindalco Industries (HINDALCO.NS)

Net assets on the balance sheet as of March 2024 : NZ$20.57 B

According to Hindalco Industries 's latest financial reports the company has NZ$20.57 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Hindalco Industries - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-03-31	$NZ$18.42 B	23.99%
2022-03-31	$NZ$14.86 B	14.32%
2021-03-31	$NZ$13.00 B	-0.3%
2020-03-31	$NZ$13.03 B	7.1%
2019-03-31	$NZ$12.17 B	4.63%
2018-03-31	$NZ$11.63 B	14.91%
2017-03-31	$NZ$10.12 B	13.06%
2016-03-31	$NZ$8.95 B	0.97%
2015-03-31	$NZ$8.87 B	8.56%
2014-03-31	$NZ$8.17 B	0.12%
2013-03-31	$NZ$8.16 B	1.31%
2012-03-31	$NZ$8.05 B	-12.14%
2011-03-31	$NZ$9.16 B	25.68%
2010-03-31	$NZ$7.29 B	22.94%
2009-03-31	$NZ$5.93 B	10.6%
2008-03-31	$NZ$5.36 B	21.33%
2007-03-31	$NZ$4.42 B	26.11%
2006-03-31	$NZ$3.50 B	41.98%
2005-03-31	$NZ$2.46 B	0.07%
2004-03-31	$NZ$2.46 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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Hindalco Industries (HINDALCO.NS) - Net assets